California Corporate & Securities Law

In this post last week, I identified AB 361 as a "spot" bill introduced by Assembly Member Jared Huffman.  As explained in this post from last June, a spot bill is a bill that would make non-substantive changes to a particular code or law in order to...

California Corporations Code § 318 has been on the books since 1993, Cal Stats. 1993, c. 508.  That section required the Secretary of State to develop and maintain a registry of "distinguished women and minorities" who are available to serve on...

Every person who was licensed under the California Finance Lenders Law as of December 31, 2010 must file an annual report with the California Department of Corporations. A report is required even if the licensee has conducted no business under its...

There are lists for everything - shopping lists, "to do" lists, laundry lists, and even blog lists.  The online business school resource, bschool.com, has put together a list of the "40 Best Corporate Law Blogs" and we are pleased to have made the...

It seems to me that when it comes to corporate governance, many are willing to advocate for change but few are willing to do the hard work of analysis of the actual impacts of change. As I like to say, corporate governance has become all...

In February 1991, I wrote a brief article for the South Orange County Chamber of Commerce with the catchy title of "New Statutes Affect Business, Protect Consumer's Privacy". In the article, I discussed two new laws. One of those laws added § 1747.8...

Last week, Assembly Member Curt Hagman introduced AB 571 on behalf of the Business Law Section of the California State Bar. The bill would ease the restrictions on distributions to shareholders, as defined in Corporations Code § 166. These...

In this post from last June, I addressed the unfortunate legislative legerdemain known as the spot bill.  "Yet here’s a spot."  Assembly Member Jared Huffman has continued the practice with his introduction of a AB 361. Because AB 361 in its current...

Last week in this post, I wrote about the California Controller John Chiang's announced intention to sponsor legislation to shut the revolving door between California's two largest public retirement systems, CalPERS and CalSTRS, and the private...