Skip to main content

One More Reason For Foreign Corporations To Not Have Any Office In California

One More Reason For Foreign Corporations To Not Have Any Office In California
Thursday, November 19, 2020

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.

© 2010-2024 Allen Matkins Leck Gamble Mallory & Natsis LLP