Brian W. Jones
- District 40
Existing law establishes procedures for the conversion of corporations into a domestic other business entity, including, but not limited to, a limited liability company or a partnership. Under existing law, a converting corporation is required to file specified documents with the Secretary of State. Existing law authorizes the Secretary of State to charge an entity a $150 fee for its conversion that is paid into the Secretary of State's Business Fees Fund. This bill would additionally allow for the conversion of a corporation into a foreign corporation or foreign other business entity, as specified, and would require the converting corporation to file a certificate of conversion with the Secretary of State. The bill would make the Secretary of State the agent for service of process in an action or proceeding against a corporation that has converted to a foreign corporation or foreign other business entity in specified instances. The bill would make other conforming and nonsubstantive changes.
July 6 set for first hearing. Failed passage in committee. (Ayes 4. Noes 3.) Reconsideration granted.
From committee: Do pass and re-refer to Com. on JUD. with recommendation: To consent calendar. (Ayes 12. Noes 0.) (June 29). Re-referred to Com. on JUD.
Joint Rule 62(a) suspended. (Ayes 56. Noes 19. Page 2124.)
June 28 hearing postponed by committee.
June 14 hearing postponed by committee.
Read third time. Passed. (Ayes 39. Noes 0. Page 750.) Ordered to the Assembly.
In Assembly. Read first time. Held at Desk.
Read second time. Ordered to third reading.
From committee: Do pass. (Ayes 7. Noes 0. Page 669.) (April 5).
Set for hearing April 5.
From committee: Do pass and re-refer to Com. on APPR with recommendation: To consent calendar. (Ayes 11. Noes 0. Page 518.) (March 16). Re-referred to Com. on APPR.
Set for hearing March 16.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on JUD.
From committee: Do pass and re-refer to Com. on JUD. (Ayes 9. Noes 0. Page 456.) (March 10). Re-referred to Com. on JUD.
From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I.
Art. IV. Sec. 8(a) of the Constitution dispensed with.
Joint Rule 55 suspended. (Ayes 32. Noes 4. Page 272.)
(Ayes 32. Noes 4.)
Set for hearing March 10.
From printer. May be acted upon on or after March 4.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
|Bill Text Versions||Format|
|02/01/21 - Introduced|
|02/24/21 - Amended Senate|
|03/11/21 - Amended Senate|
|03/11/21- Senate Banking and Financial Institutions|
|03/12/21- Senate Judiciary|
|04/02/21- Senate Appropriations|
|04/07/21- Sen. Floor Analyses|
|06/24/21- Assembly Banking and Finance|
|06/28/21- Assembly Banking and Finance|
|07/03/21- Assembly Judiciary|
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