Chris Micheli – Page 88 – California Globe

Veterans’ Dependents

May 10, 2025 2:30 amMay 10, 2025 2:31 am

The California Military and Veterans Code deals with veterans’ dependents in Article 2 of Chapter 4 of Division 4. Section 890 defines the terms “veterans,” “dependent of a veteran,” and “induction period.” Section 890.3 states that a claimant is not...

Formation and Readjustment of Contracts under the Commercial Code

May 9, 2025 2:30 amMay 9, 2025 2:31 am

California’s Commercial Code, Division 2, Chapter 2, deals with form, formation, and readjustment of contracts in sales. Section 2201 states that a contract for the sale of goods for the price of $500 or more is not enforceable by way...

Title and Creditors under the Commercial Code

May 8, 2025 5:30 amMay 8, 2025 5:31 am

Division 2, Chapter 4 of the California Commercial Code deals with title, creditors, and good faith purchasers. Section 2401 provides each provision of this division with regard to the rights, obligations and remedies of the seller, the buyer, purchasers or...

Transfer of Investment Securities

May 7, 2025 3:34 pmMay 7, 2025 3:34 pm

Commercial Code, in Division 8, Chapter 3, deals with the transfer of certificated and uncertificated securities in California. Section 8301 provides that delivery of a certificated security to a purchaser occurs when any of three specified actions occur. Delivery of...

Some Key Reminders with a ‘Governor’s Reorganization Plans’

May 6, 2025 10:41 amMay 6, 2025 10:41 am

Because GRP 1 was introduced on May 5, I wanted to review the key points of what happens to a Governor’s Reorganization Plans (GRP) in the Legislature. What is the Governor’s reorganization authority? The California Constitution grants the Governor, subject to...

Performance under the Commercial Code

May 6, 2025 2:29 amMay 6, 2025 2:30 am

Division 2, Chapter 5 of the Commercial Code concerns performance in sales. Section 2501 provides that the buyer obtains a special property and an insurable interest in goods by identification of existing goods as goods to which the contract refers...

State Funds for Veterans

May 5, 2025 2:30 amMay 5, 2025 2:31 am

In the Military and Veterans Code, Division 4, Chapter 6, Article 3.5, certain funds are made available as state benefits for veterans in California. Section 988 established in the State Treasury a revolving fund known as the Veterans’ Farm and...