California Corporations Code

§ 2115.5

CORP § 2115.5 Effective Jan 1, 2019Div. 1 · Title 1 · Ch. 21

Statute text

(a)Section 301.3 shall apply to a foreign corporation that is a publicly held corporation to the exclusion of the law of the jurisdiction in which the foreign corporation is incorporated.

(b)For purposes of this section, a “publicly held corporation” means a foreign corporation with outstanding shares listed on a major United States stock exchange.

Legislative history

Added by Stats. 2018, Ch. 954, Sec. 3. (SB 826) Effective January 1, 2019.