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CALIFORNIA CORPORATE & SECURITIES LAW

Will You Be Gulled By This Notice?

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Some Nevada corporations have been receiving the above notice and paying a $150 fee to the Division of Corporate Services.  According to the Nevada Secretary of State:

This is not an official notice from the Secretary of State’s office.  Nevada entities are not required to regularly provide to the Secretary of State shareholder information or the percentages of shares owned.

 If you have received this notice (or a similar notice) and have questions, Secretary of State’s office advises that you call its customer service division at (775) 684-5708 or (800) 450-8594.

The Greeks and the Economy

The Greek economy is suffering, but the Greeks can at least take pride in giving their current woe a name.  The English word “economy” is derived from the ancient Greek word οἶκοσ, meaning house, and νόμοσ, meaning law.  The Greeks combined these two words as the adjective οἰκονομίκά, meaning skilled in the management of a household.  Aristotle wrote, or is reputed to have written a book by that title.  It begins as follows:

ἡ οἰκονομικὴ καὶ πολιτικὴ διαφέρει οὐ μόνον τοσοῦτον ὅσον οἰκία καὶ πόλις (ταῦτα μὲν γὰρ αὐταῖς ἐστι τὰ ὑποκείμενα), ἀλλὰ καὶ ὅτι ἡ μὲν πολιτικὴ ἐκ πολλῶν ἀρχόντων ἐστίν, ἡ οἰκονομικὴ δὲ μοναρχία.

Household management and politics differ not so much as a house and a city (for these underlie each) but politics has many rulers and the household a single ruler.

Book 1 (my translation).

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