Section 2115: Quasi-California Corporations | Practical Law

Section 2115: Quasi-California Corporations | Practical Law

A Practice Note explaining Section 2115 of the California Corporations Code and its application to foreign corporations with a certain amount of property, payroll, or sales in California. This Note describes which corporations are subject to Section 2115, which sections of the Code apply to those corporations, the exemptions to Section 2115, and the enforceability of Section 2115 under Delaware and California law.

Section 2115: Quasi-California Corporations

Practical Law Practice Note w-002-5630 (Approx. 12 pages)

Section 2115: Quasi-California Corporations

by Practical Law Corporate & Securities
MaintainedCalifornia
A Practice Note explaining Section 2115 of the California Corporations Code and its application to foreign corporations with a certain amount of property, payroll, or sales in California. This Note describes which corporations are subject to Section 2115, which sections of the Code apply to those corporations, the exemptions to Section 2115, and the enforceability of Section 2115 under Delaware and California law.