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CALIFORNIA CORPORATE & SECURITIES LAW

Welcome To California: No Foreign Corporations Need Apply

California continues to hemorrhage corporate charters to Delaware and Nevada. ┬áThe most recent potential emigrant is SJW Corp. which filed this proxy statement last week seeking shareholder approval of a reincorporation from California to Delaware. ┬áCan California and other states stanch the flow by offering licenses only to domestic corporations? Surely, there must be some…

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