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September 2014 Archives

Gov. Brown Signs AB 225 Changing Mobilehome Park Resident Ownership Program

On September 20, 2014, Governor Brown signed Assembly Bill 225 (Chau and Nestande) into California law. The Mobilehome Park Resident Ownership Program ("MPROP") operates with the purpose of "[financing] the preservation of affordable mobilehome parks by conversion to ownership or control by resident organizations, nonprofit housing sponsors, or local public agencies."

What Are Corporate Meeting Minutes? Why Do I Need Them?

Many business clients ask the question, "What are Corporate Meeting Minutes and why do I need them?" The answer is simple.The California Corporations Code requires corporations to "keep minutes [in written form] of the proceedings of its shareholders, board and committees of the board." Corp. Code ยง 1500. In a general sense, the corporate meeting minutes, together with other corporate records, "constitute the 'memory' of the transactions of the corporation." Hurwitz v. Gross, 5 Cal. App. 614, 621 (1907). 

Legislation Authorizing Taking of Private Property Through Eminent Domain Ready for Governor's Signature

On August 28, 2014, proposed legislation to allow greater public access to Martins Beach in San Mateo County was presented to Governor Brown for his signature or veto. Senate Bill 968 was authored by Sen. Jerry Hill, D-San Mateo, and originally sought to require the State Lands Commission ("SLC") to use eminent domain to seize a private road that connects to Martins Beach. After an amendment proposed by Sen. Hill, the legislation now requires the SLC "to consult, and enter into any necessary negotiations, with the owners of a specified property known as the Martins Beach acquire a right-of-way or easement for the creation of a specified public access route to and along the shoreline." If those year-long negotiations fail to result in a mutual agreement, and the private property owner does not voluntarily provide public access by January 2016, the SLC will be authorized to acquire a right-of-way or easement by eminent domain. If signed by the Governor, the specific impact of the legislation will be determined by the three elected officials that serve on the SLC: Lt. Gov. Gavin Newsom, Controller John Chiang, and Finance Director Michael Cohen.

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The Loftin Firm, P.C.

The Loftin Firm, P.C.
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Carlsbad, California 92008-4713

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