SB 1532

  • California Senate Bill
  • 2011-2012 Regular Session
  • Introduced in Senate Feb 24, 2012
  • Passed Senate May 31, 2012
  • Passed Assembly Aug 22, 2012
  • Signed by Governor Sep 23, 2012

Business filings.

Bill Subjects

Business Filings.

Abstract

(1) Existing law provides for the formation and governance of various business entities, including, but not limited to, limited liability companies, limited liability partnerships, and corporations. Existing law requires a business entity to file specified documents disclosing information regarding the entity with the Secretary of State. Existing law specifies the information to be provided by business entities in the filings, including, but not limited to, the address of their principal office. This bill would specify that the required address information is the initial street address, and would require the business entity to provide its initial mailing address, if different from its street address. (2) Under existing law, a corporation may amend or restate its articles of incorporation, as specified, but shall not amend its articles to alter any statement which may appear in its original articles of the names and addresses of the first directors or initial agent for service of process. Existing law requires approval by a corporation's members or shareholders to amend the corporation's articles, except that an amendment deleting those names and addresses may be approved by the board alone. Under existing law, a corporation that restates its articles shall omit those names and addresses, except as specified. This bill would apply the same provisions to the initial street address and initial mailing address of a corporation and would prohibit a corporation from amending its articles to add any statement, in addition to altering any statement, regarding the above information. (3) Under existing law, a public benefit corporation, mutual benefit corporation, or religious corporation may amend its articles to change its status to a different corporate form. Existing law requires the amended articles to contain information that would have been required in original articles of incorporation for the new corporate form, except the names and addresses of the first directors, if applicable, and of the initial agent for service of process. This bill would include in that exception the corporation's initial street address and initial mailing address. (4) Existing law prohibits a corporation from constructing, or taking tolls on, a bridge, ferry, wharf, chute, or pier until that authority has been granted by the board of supervisors, or other governing body, as appropriate. Existing law specifies the circumstances and timeframes under which these corporations may dissolve. Existing law requires the president and secretary of each of those corporations to report annually to the board of supervisors, or other governing body having authority, as specified, certain information about the corporation's operations. Existing law provides for the formation and operation of water and canal corporations for the purpose of supplying water to cities and towns, and specifies the circumstances under which these corporations may impose a charge for water supply services. This bill would eliminate the above provisions pertaining to those forms of special purpose corporations. (5) Existing law specifies the manner in which the secretary shall maintain forms filed with the secretary, including requirements that the secretary cause specified federal lien notice filings to be marked, held, and indexed in accordance with specified provisions of the Commercial Code. Existing law requires the secretary to return to an unincorporated association a copy of a statement, noting the file number and filing date, filed by the association. Existing law requires that upon receipt of a filing pursuant to the Corporations Code, accompanied by a fee of $25 or more, the secretary shall compare and certify 2 copies of the filing free of charge, provided the copies were submitted with the original filing. This bill would revise those requirements, as specified. The bill would state the findings, declarations, and intent of the Legislature. The bill would also make conforming changes.

Bill Sponsors (1)

Votes


Actions


Sep 23, 2012

California State Legislature

Chaptered by Secretary of State. Chapter 494, Statutes of 2012.

California State Legislature

Approved by the Governor.

Aug 30, 2012

California State Legislature

Enrolled and presented to the Governor at 4 p.m.

Aug 23, 2012

Senate

Assembly amendments concurred in. (Ayes 37. Noes 0. Page 4772.) Ordered to engrossing and enrolling.

Aug 22, 2012

Assembly

Read third time. Passed. (Ayes 78. Noes 0. Page 6138.) Ordered to the Senate.

Senate

In Senate. Concurrence in Assembly amendments pending.

Aug 20, 2012

Assembly

Read third time and amended. (Page 6004.)

Assembly

Ordered to third reading.

Aug 16, 2012

Assembly

Ordered to third reading.

Assembly

From consent calendar.

Aug 13, 2012

Assembly

Read second time. Ordered to consent calendar.

Aug 09, 2012

Assembly

From committee: Do pass. Ordered to consent calendar. (Ayes 17. Noes 0.) (August 8).

Jul 03, 2012

Assembly

From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 10. Noes 0.) (July 3). Re-referred to Com. on APPR.

  • Referral-Committee
  • Committee-Passage
  • Committee-Passage-Favorable
Com. on APPR.

Jun 26, 2012

Assembly

From committee: Do pass and re-refer to Com. on JUD. (Ayes 10. Noes 0.) (June 25). Re-referred to Com. on JUD.

  • Referral-Committee
  • Committee-Passage
  • Committee-Passage-Favorable
Com. on JUD.

Jun 19, 2012

Assembly

From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.

  • Reading-2
  • Reading-1
  • Committee-Passage
  • Amendment-Passage
  • Referral-Committee
Com. on B. & F.

Jun 14, 2012

Assembly

Referred to Coms. on B. & F. and JUD.

  • Referral-Committee
Coms. on B. & F. and JUD.

May 31, 2012

Assembly

In Assembly. Read first time. Held at Desk.

Senate

Read third time. Passed. (Ayes 38. Noes 0. Page 3744.) Ordered to the Assembly.

May 30, 2012

Senate

Read second time. Ordered to third reading.

May 29, 2012

Senate

Ordered to second reading.

Senate

Read third time and amended.

May 10, 2012

Senate

Ordered to third reading.

Senate

From consent calendar.

May 08, 2012

Senate

Read second time. Ordered to consent calendar.

May 07, 2012

Senate

From committee: Be placed on second reading file pursuant to Senate Rule 28.8 and ordered to consent calendar.

Apr 27, 2012

Senate

Set for hearing May 7.

Apr 24, 2012

Senate

Read second time and amended. Re-referred to Com. on APPR.

  • Reading-2
  • Reading-1
  • Amendment-Passage
  • Referral-Committee
Com. on APPR.

Apr 23, 2012

Senate

From committee: Do pass as amended and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 5. Noes 0. Page 3207.) (April 17).

Mar 30, 2012

Senate

Set for hearing April 17.

Mar 29, 2012

Senate

From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD.

  • Reading-2
  • Reading-1
  • Committee-Passage
  • Amendment-Passage
  • Referral-Committee
Com. on JUD.

Mar 22, 2012

Senate

Referred to Com. on JUD.

  • Referral-Committee
Com. on JUD.

Feb 27, 2012

Senate

Read first time.

Feb 25, 2012

Senate

From printer. May be acted upon on or after March 26.

Feb 24, 2012

Senate

Introduced. To Com. on RLS. for assignment. To print.

Bill Text

Bill Text Versions Format
SB1532 HTML
02/24/12 - Introduced PDF
03/29/12 - Amended Senate PDF
04/24/12 - Amended Senate PDF
05/29/12 - Amended Senate PDF
06/19/12 - Amended Assembly PDF
08/20/12 - Amended Assembly PDF
08/27/12 - Enrolled PDF
09/23/12 - Chaptered PDF

Related Documents

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Sources

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