California Corporate & Securities Law

Earlier this month, I noted a California bill that would require publicly held corporations have a minimum number of "directors from underrepresented communities". The bill, AB 979 (Holden), originally defined "directors from underrepresented...

We are now in the second year of the California legislature's biennium. Under the Constitution, any bill introduced during the first year of the biennium of the legislative session that has not been passed by the house of origin by January 31 of the...

On September 18, Governor Gavin Newsom signed AB 5, a bill dealing with the classification of workers as employees or independent contractors. It will probably come as no surprise that the bill intended to make it more likely that a worker will be...

The United States Constitution vests the executive power of the federal government in the president, but his or her power is not entirely autonomous. Notably, Article II, Section 2 endows the president with the power to make treaties with the...

Last month, California joined Hawaii, Nevada and Oklahoma in considering enactment of the Uniform Law Commission's Uniform Regulation of Virtual Currency Businesses Act.  California's bill, AB 1489, was introduced by Assembly Majority Leader Ian C....

California has thousands of statutes on the books. Over the years many have become outdated, referring to laws, agencies and office titles that no longer exist. For the public, this can be very frustrating as it is not always clear whether there is...

The California legislature reconvened on Monday. Cal. Const. Art. IV, § 3(a). Over 100 bills have already been introduced in the Assembly. The Senate is far behind with just 51 bills introduced thus far. The first day business in both houses...

I have written several posts about a bill, SB 826, now pending in the California legislature that would impose fines on publicly held corporations that fail to meet prescribed gender quotas.  See California Bill Would Mandate Gender Quotas For...

Followers of California legislation will note that many bills are now in either the "suspense file" of the Appropriations Committees of the Senate and the Assembly. These two committees have jurisdiction over fiscal bills. A bill with a significant...