3 ms·
It's problematic to say the least. It beats me why they didn't just make this a more targeted amendment e.g. to a California b-corp statute. Let founders deci
by zekevermillion 8y ago
It's problematic to say the least. It beats me why they didn't just make this a more targeted amendment e.g. to a California b-corp statute. Let founders decide if they want to have this restriction in place. I think such a narrow opt-in kind of statute would pass constitutional muster. Obviously no Article IV problem, since it is only that state's chartered corporations. And I don't see it as a freedom of association or equal protection issue, since it would be opt-in.