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Bill Would Mandate That All LLCs Have A "Valid" EMail Address

In a move that may not please Postmaster General Megan G. Brennan, California Assembly Member James Gallagher has introduced a bill that would effectively require every limited liability company and every foreign limited liability company registered to transact intrastate business in California to have a "valid" email address. 

Current law (Corporations Code section 17702.09(a)(6)) allows an LLC or a foreign LLC to include a valid email address for receiving renewal and other notices from the Secretary of State if it chooses.  Assembly Member Gallagher's bill would amend this provision to eliminate its optionality.  Presently, the bill would not amend the analogous provisions pertaining to corporations and foreign corporations (Corporations Code sections 1502(a)(8) & 2117(a)(6)).

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About this Author

Keith Paul Bishop, Corporate Transactions Lawyer, finance securities attorney, Allen Matkins Law Firm
Partner

Keith Paul Bishop is a partner in Allen Matkins' Corporate and Securities practice group, and works out of the Orange County office. He represents clients in a wide range of corporate transactions, including public and private securities offerings of debt and equity, mergers and acquisitions, proxy contests and tender offers, corporate governance matters and federal and state securities laws (including the Sarbanes-Oxley Act of 2002 and the Dodd-Frank Act), investment adviser, financial services regulation, and California administrative law. He regularly advises clients...

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