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CALIFORNIA CORPORATE & SECURITIES LAW

Putting These Provisions In Bylaws Won’t Be Sufficient

Section 202 of the California Corporations Code lists those provisions that must be included in a California corporation’s articles of incorporation in order for them the be accepted by the Secretary of State for filing.  There are a number of other provisions that although not required to be included in the articles won’t be effective…

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Fractions And Squeeze Outs

The last two posts have discussed what a corporation may do with fractions of shares.  I entitled the first of these posts “Breaking Up Is Not Hard To Do – Fractions, Scrip And Scrippage” in partial reference to the song by Neil Sedaka and Howard Greenfield.  The title was also a reference to the etymological…

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California’s GO-Biz Site Bedeviled By Errors and Omissions

According to the website, the California Governor’s Office of Business and Economic Development (GO-Biz) was created “to serve as California’s single point of contact for economic development and job creation efforts”.  While the site does provide some very basic level of information, it is dangerously incomplete and riddled with manifest errors.  No advice would be better…

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