08 Jan 2025

California Legislature Approves 40+ Changes to State’s Business Entity Laws

By Eric Geringswald | CSC

Overview of California Business Law Updates

During the 2024 legislative session, the California legislature approved over 40 amendments to the California Corporations Code and related statutes. Key changes include new requirements for venture capital companies and franchise brokers, highlighting a commitment to modernizing the state’s business regulations.

Comprehensive Coverage in the 2025 Edition

The 2025 Edition of California Laws Governing Business Entities Annotated, published by CSC in collaboration with LexisNexis, captures these changes and provides essential tools for legal professionals. Highlights of this edition include:

  • A Table of Sections Affected, listing all legislative updates.
  • Blackline Amendment Notes, showing exactly how the laws were revised.
  • A detailed Legislative Analysis summarizing significant changes.

Case Notes and Legal Developments

This edition incorporates:

  • More than two dozen new case notes from state and federal courts interpreting California business law.
  • Five full-text cases addressing key legal topics, including:
    • The Business Judgment Rule.
    • Annual meetings compliance.
    • Enforceability of noncompetition provisions.
    • Stock options disputes.
    • Transfers to stockholders.

New cases are conveniently listed in the Table of New Annotations and marked with gray bars for quick reference.

Practical Resources for Practitioners

The 2025 Edition provides online access to:

  • 190+ state and county forms for incorporation/formation, qualification, mergers, dissolution, and name reservation.
  • A complete California Fee Schedule, detailing filing fees required by the Secretary of State.
  • A listing of forms and contact information for the California Secretary of State in the book’s appendix.

Flexible Access Options

The California Laws Governing Business Entities Annotated is available in multiple formats to suit different needs:

  • Softbound book.
  • Ebook, compatible with eReader devices, tablets, computers, and smartphones.
  • Part of the LexisNexis Digital Library for seamless online access.