Corporations Code Sections News Today

The California Revised Uniform Limited Liability Company Act deals separately with the dissolution and cancellation of a California limited liability company and the cancellation of...

The law requires home owner's associations to keep their corporate status current, and failure can be disastrous.

Corporate suspension is a very serious matter. Suspended corporations are not recognized by the law as existing.

The law requires HOAs to keep their corporate status current, and failure can be disastrous.

To determine whether an association is incorporated, look at the first page of the HOA’s bylaws.

In this July post, I noted that " if conduct is not ongoing, it is impossible for someone to discontinue or desist".  The California legislature, however, sees no such logical problem. ...

California legislature considering bill, AB 2080 would, require notice to, and consent of, the Attorney General before entering into an agreement or transaction either sell,dispose of a material amount of its assets, transfer,governance of a material amount of its assets

The California legislature is currently considering a bill, AB 2080 (Wood) that would, among other things, require notice to, and the written consent of, the Attorney General before...

California legislature enacted AB 663 Chen in order to provide California corporations with greater flexibility to hold virtual-only meetings of shareholders. A virtual-only shareholder meeting may be held without either unanimous shareholder consent

Last year, the California legislature enacted AB 663 (Chen) in order to provide California corporations with greater flexibility to hold virtual-only meetings of shareholders.  Among...