At the 11th hour, last night, just before the deadline, Governor Brown signed Senate Bill 201 (the Corporate Flexibility Act of 2011) creating the Flexible Purpose Corporation, and Assembly Bill 361 creating the Benefit Corporation.
Both laws will take effect on January 1, 2012.
Both laws will take effect on January 1, 2012.
*Todd is a partner at the law firm of Jones Day, where he founded their Silicon Valley Office and runs their Renewable Energy and Sustainability Practice. The views expressed in this column are solely Todd’s personal views, not the views of Jones Day or its clients, and the information provided as to his affiliation with Jones Day is solely for purposes of identification and may not and should not be construed to imply endorsement or even support by Jones Day of the views expressed herein.
© R. Todd Johnson, 2011. Business for Good.SM is a service mark of R. Todd Johnson. The thoughts, ideas and words expressed in this column are the property of R. Todd Johnson and may not be otherwise used or reprinted without express permission from Todd.
This comment has been removed by the author.
ReplyDeleteLinks to the bills don't work for me. Here are ones that work -- http://www.leginfo.ca.gov/pub/11-12/bill/sen/sb_0201-0250/sb_201_bill_20110902_enrolled.html and http://www.leginfo.ca.gov/pub/11-12/bill/asm/ab_0351-0400/ab_361_bill_20110830_enrolled.html
ReplyDeleteEasily, the article is actually the best topic on this registry related issue. I fit in with your conclusions and will eagerly look forward to your next updates. Just saying thanks will not just be sufficient, for the fantasti c lucidity in your writing. I will instantly grab your rss feed to stay informed of any updates. HowtoStartCleaningBusiness.Net
ReplyDeleteI definitely enjoying every little bit of it. It is a great website and nice share. I want to thank you. Good job! You guys do a great blog, and have some great contents. Keep up the good work. Ohio Business Gateway Login
ReplyDeleteThank you a bunch for sharing this with all of us you actually realize what you are talking about! Bookmarked.
ReplyDeleteInspections
This is a great inspiring article.I am pretty much pleased with your good work.
ReplyDeleteCompany Credit Reports
Will they benefit small businesses?
ReplyDeleteGreat to have some peopel who can explain different things that you don't understand. Be happy here thesis proposal writing
ReplyDeleteI delight in the content on your website. With thanks!
ReplyDeleteGeneric Viagra Online