Disclaiming Proper Appointment With The Secretary Of State - "All You Have To Do Is Ask"

A lot of things in life may upset you. One these might be discovering that you have been improperly appointed as an agent for service of process, director or officer of a California corporation. Corporations Code Section 1503(b) somewhat oddly...

Looking For A Deceased Celebrity's Successor-In-Interest? The Secretary Of State Has An Answer

The California Secretary of State's office is the repository for a vast a disparate number of filings. Few people, for example, may be aware that they may register with the Secretary of State's office as a successor-in-interest to a deceased...

This Foreign Corporation's Status May Be Forfeited, But The Resident Agent Remains

A recent ruling by U.S. District Court Judge Otis D. Wright II illustrates how it may be easier to enter California than to leave it.  Real v. St. Jude Med., Inc., 2017 U.S. Dist. LEXIS 47081 (C.D. Cal. Mar. 29, 2017)

I Deliver Some Round Observations About California's Rounding Rule

Yesterday's post concerned various actions that a California corporation may pursue in lieu of issuing fractional shares. I left for today the subject of rounding. Section 407 of the Corporations Code expressly permits rounding to the nearest whole...

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