Website Heading

CALIFORNIA CORPORATE & SECURITIES LAW

Nevada Precedes Delaware In Blockchain Legislation

On July 21, 2017, Delaware’s 74th Governor, John Carney, signed SB 69 into law.  This legislation amended various provisions of Delaware’s General Corporation Law (Title 8, Delaware Code) ostensibly to establish express statutory authority for Delaware corporations to use networks of electronic databases for the creation and maintenance of corporate records, including the stock ledger.  These databases are…

Share on:

Placement Agent Law Clean-Up Amendments Introduced

As I mentioned in this March 11 posting, Senator Ed Hernandez has introduced a bill, SB 398, that is intended to clean-up some of the many questions arising under legislation, AB 1743, that was enacted last session.  In general, AB 1743 requires placement agents for investment funds and advisers seeking access to CalPERS or other California public retirement systems…

Share on:

Bill To Amend Placement Agent Law Introduced

As discussed in this posting from last October, the legislature enacted AB 1743 to require placement agents for funds and advisers seeking access to CalPERS or other California public retirement systems to register as lobbyists.  Although I had commented on the bill, I was less than pleased with the final product. Senator Ed Hernandez, who…

Share on: