California Corporate & Securities Law

The California legislature meets biennially. Cal. Const. Art. IV, § 3(a). Because this is an odd-numbered year, we are currently in the first year of the session. Thursday, September 14, 2023 will be the last day for each house to pass bills. (J.R....

Last May, I wrote with some incredulity about AB 853 (Maienschein) which is ostensibly directed at mergers and acquisitions of grocery and drug stores.  The bill, however, appears to be progressing toward enactment.   As a reminder, the bill provides:

California law sometimes adopts an odd view of the natural world.  For example, California considers clams and crabs to be fish.  Cal. Fish & Game Code § 45.  See In California, A Snail Is Sometimes A Fish And A Goldfish Isn't. Then the Court of Appeal...

Born at the end of the 19th century, Paul Mason worked for the California legislature and Governor Goodwin Knight.  In 1935, he published Mason's Manual of Legislative Procedure, which is commonly known as Mason's Manual.  After Mr. Mason's death in...

Last year, the California legislature enacted statutory changes ostensibly to limit the spread of misinformation and disinformation about COVID-19 by licensed physicians.  2022 Cal. Stats. ch. 938 (AB 2098), See California Legislates Covid-19...

Because this is the second year of California's current legislative biennium, the legislature went into final recess on August 31. J.R. 51(b)(3). This does not mean, however, that the legislature has adjourned. A recess is a temporary suspension of...

A California bill, AB 2098 (Low), appears to be moving towards passage in the next two weeks. The bill would make the spreading of misinformation, as defined, or disinformation related to COVID-19, including false or misleading information regarding...

Followers of this post will know that the California legislature operates on a biennium.  This biennium will end at the end of the month.  Here is how the final month of the current biennium lays out:

The last sentence of California Corporations Code Section 600(e) imposes a significant limitation on the ability of California corporations to hold virtual-only meetings: