California Corporate & Securities Law

I have previously noted certain provisions of a bill amending Nevada's business entity statutes, AB239.  See Nevada Bill Would Impose A Duty That Directors Be Informed and Nevada Bill Would Expressly Allow Directors To Approve Documents In...

The Nevada legislature is currently considering a bill, SB 201, that would restrict, with certain exceptions, an association or unit’s owner who rents or leases his or her unit from prohibiting a unit’s owner or occupant of a unit from engaging in...

In a May post, I observed:

In Chapter 9 of James Joyce's Ulysses, Stephen Dedalus proclaims "A man of genius makes no mistakes.  His errors are volitional and are the portals of discovery". Alas, not every person filing a corporate record is a "man of genius" and mistakes are...

As mentioned earlier this week, Nevada's regular legislative session ended on June 6.  During the session, the legislature enacted, and the Governor approved,  AB 126 which makes numerous changes to Nevada's business entity statutes. One of those...

The Nevada legislature meets every other year for 120 days in odd numbered years, commencing on the first Monday in February.  Any legislative action taken after midnight Pacific time at the end of the 120th consecutive calendar day of that session...

It is an odd-numbered year and this means that the Nevada legislature is back in Carson City for its 82nd session.  One of the bills that it will be considering is AB 67 which would create a restitution fund for some, but not all, victims of...

On Monday, the Nevada legislature commenced its 81^st session.   The legislature meets biennially in odd numbered years.  The Session is limited to 120 days.  Nev. Const. Art. 4, § 2.  Yesterday, Senator James Ohrenschall introduced SB 95 which would make...

In the corporate world, Nevada is often described as the "Delaware of the West". Nevada legislators are in fact quite explicit about their interest in competing with Delaware for corporate charters. In the most recent session, for example,...