California Corporate & Securities Law

The constitutional infirmity of California's legislation, AB 979, mandating minimum numbers of directors from underrepresented communities was well known to the legislators.  Both the Assembly and Senate floor analyses noted that earlier legislation...

According to the California Secretary of State's Women on Board report, 22 publicly held corporations moved their principal executive offices out of California. These data were based on a comparison of annual reports filed in 2019 to the annual...

California's female and underrepresented communities quota requirements apply to "publicly-held corporations".  California's Corporate Disclosure Statement requirement applies to "publicly-traded corporations".  California's Secretary of State's ...

Every publicly traded California corporation and every publicly traded foreign corporation that is registered with the California Secretary of State to transact intrastate business must file an annual Corporate Disclosure Statement. Cal. Corp. Code...

In this post, I questioned the accuracy of the California Secretary of State's definition of "publicly held corporation", a term that is used in both the female and underrepresented communities quota statutes. Cal. Corp. Code §§ 301.3(f)(2),...

A California corporation or a foreign corporation that has registered to transact intrastate business in California may be required to file either one or two annual statements with the Secretary of State. It may also be subject to California's quota...

On March 1, the Secretary of State released the report on California's female director quota requirement mandated by Corporations Code Section 301.3.  The report is included on the Women on Boards page of the Secretary's website. That page also...

Yesterday, the California Secretary of State's office released what is calling the "Women On Boards" report. The Secretary of State's office is required to publish this report on its website pursuant to Corporations Code § 301.3. Below are the...

Choosing a name for a business entity is one thing, getting that name approved by the California Secretary of State is another. The Corporations Code places specific restrictions on the names of corporations, limited partnerships and limited...