September 18, 2021

Volume XI, Number 261

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DFPI To Hold Public Hearing Today On Proposed Commercial Loan Disclosures

Two years ago, California enacted SB 1235 (2018 Cal. Stats. ch. 1011) requiring providers of commercial financing to disclose certain information to the businesses seeking financing.  The Department of Financial Protection and Innovation solicited comments informally and in September issued proposed regulations.  See DBO Proposes Commercial Loan Disclosure Rules.  The Comment period expired in October but the Department has announced that a public hearing will be held today (November 9) at 1:00 p.m. (California time).  The hearing will be held by means of Zoom.  For those who want to listen (but not comment), there is also a telephone number:  1‐888‐363‐4734 (Toll Free) 1‐215‐446‐3656  Conference Code: 611586.

California Corporate/LLC Law Update

For those interested in an update on California's General Corporation Law and Revised Uniform Limited Liability Company Act, I will be joining Phil Jelsma in a webinar at noon (California time) hosted by the San Diego County Bar Association.  Registration information is available here.

© 2010-2021 Allen Matkins Leck Gamble Mallory & Natsis LLP National Law Review, Volume X, Number 314
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About this Author

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

Keith Bishop works with privately held and publicly traded companies on federal and state corporate and securities transactions, compliance, and governance matters. He is highly-regarded for his in-depth knowledge of the distinctive corporate and regulatory requirements faced by corporations in the state of California.

While many law firms have a great deal of expertise in federal or Delaware corporate law, Keith’s specific focus on California corporate and securities law is uncommon. A former California state regulator of securities and financial institutions, Keith has decades of...

949-851-5428
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