Chris Micheli – Page 27 – California Globe

Divided Interests in Eminent Domain

February 12, 2026 2:00 pmFebruary 12, 2026 2:01 pm

Part 3, Title 7, Chapter 10 deals with divided interests in California eminent domain law. Article 1 deals with general provisions. Section 1265.010 provides that, although this chapter provides rules governing compensation for particular interests in property, it does not...

Liability of Nonprofit Associations

February 12, 2026 2:30 amFebruary 12, 2026 2:31 am

Corporations Code Title 3, Part 2, Chapter 1 deals with liability of nonprofit associations in California. Section 18605 prohibits a member, director, or agent of a nonprofit association from being held liable for a debt, obligation, or liability of the...

REITs in California

February 11, 2026 8:56 pmFebruary 11, 2026 8:59 pm

Title 3, Part 4 of the Corporations Code deals with real estate investment trusts (REITs) in this state. Section 2300 defines the term “real estate investment trust.” Section 23001 prohibits any shareowner of a real estate investment trust from being...

Regulating Sales of Franchises

February 11, 2026 2:30 amFebruary 11, 2026 2:31 am

Title 4, Division 5, Part 2, Chapter 3 of the Corporations Code deals with general provisions regarding the regulation of the same of franchises in California. Section 31150 requires every franchisor or subfranchisor offering franchises for sale in this state...

What Is a ‘Loophole’ in California Tax Laws?

February 10, 2026 2:24 pmFebruary 10, 2026 2:24 pm

For years around the State Capitol, and this year in particular, we have heard the claim of tax increase proponents in the Legislature or proposed initiatives on the ballot are simply “closing a tax loophole.” So, what exactly is a...

Ecological Reserves

February 10, 2026 2:00 pmFebruary 10, 2026 2:01 pm

Division 2, Chapter 5, Article 4 deals with ecological reserves that are under the management of the California Department of Fish and Wildlife. Section 1580 contains multiple legislative déclarations establishing the policy of the state. Section 1581 states that any...

Franchise Investment Law

February 10, 2026 2:30 amFebruary 10, 2026 2:31 am

Title 4, Division 5 of the Corporations Code deals with the Franchise Investment Law in California. Part 6 contains general provisions. Section 31510 provides that the commissioner in his discretion may honor requests from interested persons for interpretive opinions. Section...