The General Corporation Law provides for the formation of domestic general corporations by the execution and filing of articles of incorporation with the Secretary of State. Under that law, the business and affairs of these corporations are generally managed by, and all corporate powers exercised by or under, the direction of their boards of directors, and each director is elected by shareholder vote, with certain exceptions, as specified. That law also allows foreign corporations to transact intrastate business by obtaining certificates of qualification from the Secretary of State and requires foreign corporations that meet certain criteria to comply with specified provisions applicable to domestic general corporations to the exclusion of the law of the jurisdiction in which the foreign corporation is incorporated.
California SB 826 (20172018) — Corporations: boards of directors.
The General Corporation Law provides for the formation of domestic general corporations by the execution and filing of articles of incorporation with the Secretary of State. Under that law, the business and affairs of these corporations are generally managed by, and all corporate powers exercised by or under, the direction of their boards of directors, and each director is elected by shareholder vote, with certain exceptions, as specified. That law also allows foreign corporations to transact intrastate business by obtaining certificates of qualification from the Secretary of State and requires foreign corporations that meet certain criteria to comply with specified provisions applicable to domestic general corporations to the exclusion of the law of the jurisdiction in which the foreign corporation is incorporated.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Do pass and be re-referred to the Committee on [Judiciary] — 8–0 (pass) · lower
Placed on suspense file — 6–0 (pass) · upper
Do pass, but first be re-referred to the Committee on [Appropriations] — 5–1 (pass) · upper
Unfinished Business SB826 Jackson et al. Concurrence — 23–9 (pass) · upper
Do pass, but first be re-referred to the Committee on [Judiciary] — 5–1 (pass) · upper
SB 826 Jackson Senate Third Reading By GONZALEZ FLETCHER — 41–26 (pass) · lower
Do pass, but first be re-referred to the Committee on [Appropriations] — 5–2 (pass) · upper
Do pass as amended. — 12–0 (pass) · lower
Do pass as amended — 5–2 (pass) · upper
3rd Reading SB826 Jackson et al. — 22–11 (pass) · upper
Do pass and be re-referred to the Committee on [Appropriations] — 7–1 (pass) · lower
[04-25-2018] set for [First] hearing: Reconsideration of favorable vote granted — 7–0 (pass) · upper
Sponsors
Jackson — primary (person)
Atkins — author (person)
Gonzalez Fletcher — coauthor (person)
Leyva — principal coauthor (person)
Timeline
The legislative action history — every referral, reading, and vote.
2018-01-03 Introduced. Read first time. To Com. on RLS. for assignment. To print. introduction, reading-1
2018-01-04 From printer. May be acted upon on or after February 3.
2018-01-16 Referred to Coms. on I., B. & F.I. and JUD. referral-committee
2018-03-15 Withdrawn from committee.
2018-03-15 Re-referred to Com. on RLS. referral-committee
2018-03-15 Re-referred to Coms. on B. & F.I. and JUD. referral-committee
2018-03-16 Set for hearing April 4.
2018-03-20 April 4 set for first hearing canceled at the request of author.
2018-03-21 Set for hearing April 18.
2018-04-03 From committee with author's amendments. Read second time and amended. Re-referred to Com. on B. & F.I. reading-2, referral-committee, amendment-passage, committee-passage, reading-1
2018-04-19 From committee: Do pass and re-refer to Com. on JUD. (Ayes 5. Noes 1. Page 4744.) (April 18). Re-referred to Com. on JUD. committee-passage-favorable, committee-passage, referral-committee
2018-04-20 Set for hearing April 24.
2018-04-25 From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 1. Page 4813.) (April 24). Re-referred to Com. on APPR. committee-passage-favorable, committee-passage, referral-committee
2018-04-25 April 24 set for first hearing. Reconsideration of favorable vote granted.
2018-04-25 From committee: Do pass and re-refer to Com. on APPR. (Ayes 5. Noes 2. Page 4813.) (April 24). Re-referred to Com. on APPR. committee-passage-favorable, committee-passage, referral-committee
2018-04-27 Set for hearing May 7.
2018-05-07 May 7 hearing: Placed on APPR. suspense file.
2018-05-18 Set for hearing May 25.
2018-05-25 From committee: Do pass as amended. (Ayes 5. Noes 2. Page 4297.) (May 25). committee-passage-favorable, committee-passage, amendment-passage
2018-05-25 Read second time and amended. Ordered to second reading. reading-1, amendment-passage, reading-2
2018-05-29 Read second time. Ordered to third reading. reading-2, reading-1
2018-05-31 Read third time. Passed. (Ayes 22. Noes 11. Page 4450.) Ordered to the Assembly. reading-3, passage, reading-1
2018-05-31 In Assembly. Read first time. Held at Desk. reading-1
2018-06-14 Referred to Coms. on B. & F. and JUD. referral-committee
2018-06-21 Assembly Rule 56 suspended.
2018-06-26 From committee: Do pass and re-refer to Com. on JUD. (Ayes 8. Noes 0.) (June 25). Re-referred to Com. on JUD. committee-passage-favorable, committee-passage, referral-committee
2018-06-26 From committee: Do pass and re-refer to Com. on APPR. (Ayes 7. Noes 1.) (June 26). Re-referred to Com. on APPR. committee-passage-favorable, committee-passage, referral-committee
2018-08-08 August 8 set for first hearing. Placed on APPR. suspense file.
2018-08-16 From committee: Do pass as amended. (Ayes 12. Noes 0.) (August 16). committee-passage-favorable, committee-passage, amendment-passage
2018-08-20 Read second time and amended. Ordered to second reading. reading-1, amendment-passage, reading-2
2018-08-21 Read second time. Ordered to third reading. reading-2, reading-1
2018-08-29 Read third time. Passed. (Ayes 41. Noes 26. Page 6774.) Ordered to the Senate. reading-3, passage, reading-1
2018-08-29 In Senate. Concurrence in Assembly amendments pending.
2018-08-30 Assembly amendments concurred in. (Ayes 23. Noes 9. Page 6024.) Ordered to engrossing and enrolling. committee-passage-favorable, amendment-passage
2018-09-10 Enrolled and presented to the Governor at 4 p.m.
2018-09-30 Approved by the Governor. executive-signature
2018-09-30 Chaptered by Secretary of State. Chapter 954, Statutes of 2018.
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/54a7f1d7-0537-4732-b728-e4ed01aad554. Confidence: reported (aggregated from official California legislature records).