California Corporate & Securities Law

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...

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...

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:

In 2018, California enacted legislation requiring publicly held corporations having their principal executive offices in the state to have minimum numbers of female directors.  2018 Cal. Stats. ch. 954.  Despite pending constitutional challenges to...

California currently imposes unique disclosure requirements on publicly traded corporations.  See California Joins The Parade: The California Corporate Disclosure Act, 16 Insights 21 (2002).  These disclosures are at best useless because they...

Tomorrow is an important day for the California legislature because it is the last for bills to be introduced (Joint Rule 61(a)(1) and Joint Rule 54(a)).  After a bill has been introduced, it may not be heard by any committee or acted upon by either...