A Reminder for CA Corporate Boards of Directors of Requirement for Female and LGBTQ Directors

November 29, 2021 2:21 amDecember 1, 2021 3:05 am

Publicly-traded corporations with their principal executive offices in California are reminded of their legal obligations under two California statutes to have specified individuals on their boards of directors. SB 826, by Sen Hannah Beth Jackson (D-Santa Barbara), enacted in 2018,...

What is Gender-Neutral Legislative Drafting?

November 3, 2020 6:19 amNovember 5, 2020 11:55 am

Like many of the states, California has adopted and therefore requires the Office of the Legislative Counsel to draft measures (bills, resolutions, and constitutional amendments) in a gender-neutral manner. What does that mean? How does it work? Specific to California...

Underrepresented Communities Now Required on Corporate Boards Under AB 979

September 30, 2020 3:50 pmSeptember 30, 2020 5:53 pm

Assembly Bill 979, by Assemblyman Chris Holden (D-Pasadena) was enacted during the 2020 Legislative Session to ensure publicly-traded corporations have individuals on their boards of directors from underrepresented communities. AB 979 was signed into law by Governor Newsom on September...

Senate, Assembly Pass Mandatory Minority Board Member Quota Bill

September 3, 2020 6:11 pmSeptember 7, 2020 6:46 am

Earlier this week, a bill that would set up mandatory minority minimums on California company boards of directors narrowly passed in the Assembly and Senate, leaving it a signature away from becoming law. Assembly Bill 979, authored by Assemblyman Chris...