Foreign corporations.
This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.
- Stage
- Session ended
- Started in
- Assembly
- Sponsor
- 1
- Latest action
- Jul 3, 2012
What it does
Existing law requires foreign corporations, qualified to conduct business in the state, meeting certain tests, and excluding a wholly-owned or publicly traded foreign corporation, to abide by specified provisions of the Corporations Code, to the exclusion of comparable provisions of the state corporate law under which the foreign corporation is incorporated, including provisions relating to the election and removal of directors, shareholders' rights, vote requirements, and mergers.
Where it stands
This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.
Introduced (Done)
Committee (Done)
Floor (Current step)
Law (Needs attention)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
While a bill can still move, the questions are about people and money in California.