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Extensive changes to California business law

2015 was another year of extensive legislative changes for business law in California. Substantive amendments were made to the state’s LLC law, including new indemnification requirements, and changes to voting rights, profit and loss allocation and the winding up of an LLC.

banner_LegalSolutionsAmendments were also made to the state’s franchise law, including changes related to the termination, nonrenewal and transfer of franchises that extend new protections to franchisees.

California’s legislature also approved changes to the state’s securities laws related to the offer and sale and reporting of securities in the state.

New legislation also changed the requirements for companies converting to a different business entity. Conversion documents must now include the name, mailing address and street address of the converted entity’s registered agent.

These and other changes are captured in the 2016 Edition of California Laws Governing Business Entities, releasing this month from CSC®Publishing in collaboration with LexisNexis. You will not find a more comprehensive collection of annotated business entity statutes for the state of California.

The 2016 Edition includes over 120 amended or enacted sections in the Corporations Code, as well as changes made this year to the Business & Professions Code, the Code of Criminal Procedure, the Civil Code, and the Government Code.

You will also find over 80 new case annotations from Courts of Appeal and Supreme Court decisions, as well as from federal court decisions construing California law. In addition, we have included regulations regarding the Commissioner of Corporations in the book itself.

The companion CD-ROM provides more than 190 California state and county forms for incorporation/formation, qualification, mergers, dissolution, and name reservation for all entity types. A listing of forms and contact information for California’s can be found in the book’s appendix.

California Laws Governing Business Entities is available as a softbound book or as an ebook, compatible with dedicated e-reader devices, computers, tablets and smartphones that use e-reader software or applications. It is also available on the LexisNexis Digital Library.