Chapter 22 of the California General Corporation Law specifies a number of crimes that may be committed by corporations and/or their directors, officers or agents. The penalties for some violations can be significant. For example, a director, officer or agent of a corporation who refuses to post any notice required by law in the manner required by law can be convicted of a felony. Cal. Corp. Code § 2254. The fact that corporation is a foreign corporation is not a defense if it was "carrying on business or keeping an office therefor within California. Cal. Corp. Code § 2260. Note that in this case, the statute does not required that office be a corporation's principal executive office.
One More Reason For Foreign Corporations To Not Have Any Office In California
Thursday, November 19, 2020
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