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CALIFORNIA CORPORATE & SECURITIES LAW

The Principal Executive Office – It’s Not Just About Venue

Last week, I wrote about the venue implications of the location (or lack of) a corporation’s principal executive office.  The location of a corporation’s PEO isn’t just about venue, however.  Numerous provisions of the California General Corporation Law make reference to the location of the corporation’s PEO. Section 213, for example, requires every corporation to…

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Why The Location Of The Principal Executive Office Matters

The California General Corporation Law does not require that a California corporation have a principal executive office located in California.  In fact, Section 177 explicitly contemplates that a corporation’s PEO may be located elsewhere or that the corporation may have no PEO at all.  The location of the PEO is not without significance, however.  Numerous…

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