Page 7 - Corporations Code Section News Today

Many laws are changing for California HOAs this year, and here is a recap of the most important changes.

As a practical matter, investors and other corporate stakeholders value the ability to compare diversity data across companies' boards of directors (Boards)...

Answers to readers questions

The 2021 Legislative season in California has ended, and five good HOA bills (a record in recent decades) are becoming law. Here's a look at two of them.

1. Check with the members. Amending CC&Rs usually takes a supermajority (i.e., more than simply a majority of the quorum), so a good idea isn’t enough — it still needs widespread support. A great proposed amendment is meaningless if the homeowners will not vote for it. 2. Avoid controversial amendments. Be aware of subjects which could be very upsetting to some members. Avoid issues on which a widespread consensus cannot be achieved, such as changing assessment allocations or unpopular u...

Legal Disclaimer You are responsible for reading, understanding and agreeing to the National Law Reviews (NLR’s) and the National Law Forum LLCs  Terms of Use and Privacy Policy before using the National Law Review website. The National Law Review is a free to use, no-log in database of legal and business articles. The content and links on www.NatLawReview.com are intended for general information purposes only. Any legal analysis, legislative updates or other content and links should not b...

Legal Disclaimer You are responsible for reading, understanding and agreeing to the National Law Reviews (NLR’s) and the National Law Forum LLCs  Terms of Use and Privacy Policy before using the National Law Review website. The National Law Review is a free to use, no-log in database of legal and business articles. The content and links on www.NatLawReview.com are intended for general information purposes only. Any legal analysis, legislative updates or other content and links should not b...

Tuesday, January 26, 2021 A just-published article by University of Texas Professor Jens C. Dammann takes an empirical look at public company relocation choices.  State Competition for Corporate Headquarters and Corporate Law: An Empirical Anaylsis, 80 Md. L. Rev. 214 (2021).   As an initial matter, Professor Dammann finds that it is "by no means uncommon" for publicly traded companies to relocate their corporate headquarters.  He finds that between 1994 and 2018, about nine p...