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California Uniform Commercial Code (UCC)

Allen Matkins

Federal Judge Finds Exception To Exclusivity Of California Dissenters' Rights Remedy To Be "Likely" Even Though The Statute Says...

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California Corporations Code Section 1312(a) provides: No shareholder of a corporation who has a right under this chapter...more

Allen Matkins

Knowledge Of Restrictions Dooms Stock Transfers

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Two California statutes require that restrictions on transfer be included on share certificates.  Section 8204 of the Commercial Code  provides that "[a] restriction on transfer of a security . . . is ineffective against a...more

Allen Matkins

Incorporation May Require A Bulk Sale Notice

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California's Bulk Sales Law dates to 1990 when the legislature adopted a new Division 6 to the Commercial Code.  Cal. Stats. 1990, ch. 1191.  The current law is a farrago of prior law and the then uniform act recommended by...more

Allen Matkins

Secretary Of State: "Lien On Me"

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The California Secretary of State's office recently announced the activation of a new Uniform Commercial Code Online web portal.  The new portal allows users to "conduct free searches, access free copies, file notices of lien...more

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