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