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Looking For Class? You Won t Find It In The California Corporations Code - Corporate/Commercial Law
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California Corporation Code Doesn t Mention Class Definition
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Section 2117 of the California Corporations Code requires every foreign corporation (other than a foreign association) that is qualified to transact intrastate business to file a statement of information. The initial statement of information is due within 90 days of the filing to the original statement of designation. Thereafter, a statement of information must be filed annually during the applicable filing period . Curiously, however, the statute never states what constitutes the applicable filing period or how it is to be determined.
Section 1502 imposes a similar filing requirement on corporations . As defined in Section 162, these are corporations formed under the California General Corporation Law. However, Section 1502(d) defines the applicable filing period as the calendar month during which the original articles were filed and the immediately preceding five calendar months. Why doesn t this de