Chris Micheli – Page 90 – California Globe

Contract Obligations and Construction under the Commercial Code

April 27, 2025 2:30 amApril 27, 2025 2:31 am

Commercial Code Division 2, Chapter 3 deals with general obligations and construction of contracts involving sales. Section 2301 states that the obligation of the seller is to transfer and deliver and that of the buyer is to accept and pay...

Registration for Securities Investments

April 26, 2025 2:30 amApril 26, 2025 2:31 am

Commercial Code, Division 8, Chapter 4, deals with registration involving investment securities. Section 8401 provides that, if a certificated security in registered form is presented to an issuer with a request to register transfer or an instruction is presented to...

Disaster Indemnity for State Militia

April 25, 2025 2:30 amApril 25, 2025 2:31 am

California’s Military and Veterans Code, in Division 3, Chapter 6, Article 3.8, provides for disaster indemnity among state benefits for veterans. Section 989.4 requires the department to maintain an Indemnity Fund, which was created in the State Treasury, for the...

General Provisions for Commencing Civil Actions

April 24, 2025 2:30 amApril 24, 2025 2:31 am

California’s Code of Civil Procedure provides a number of general provisions relating to commencing civil actions in Part 2, Title 2, Chapter 4. Section 350 provides that an action is commenced, within the meaning of this title, when the complaint...

Issue and Issuer under the Commercial Code

April 23, 2025 2:30 amApril 23, 2025 2:31 am

The Commercial Code, in Division 8, Chapter 2, deals with issue and issuer of investment securities in California. Section 8201 defines an “issuer” to include a person that does any of the four specified acts. A guarantor is an issuer...

Commencing California Civil Actions

April 22, 2025 2:30 amApril 22, 2025 2:31 am

California’s Code of Civil Procedure, in Part 2, Title 2, Chapter 1, contains provisions related to the time of commencing civil actions in this state. Section 312 provides that civil actions can only be commenced within the periods prescribed in...

General Provisions for Parties to Civil Actions

April 21, 2025 2:30 amApril 21, 2025 2:31 am

Part 2, Title 3, Chapter 1 of the Code of Civil Procedure contains general provisions for parties to civil actions in California. Section 367 provides that every action must be prosecuted in the name of the real party in interest,...