Mandate For Female Board Directors Clears Calif. Assembly

Law360 (August 29, 2018, 10:32 PM EDT) -- A bill that would require California companies to place a minimum number of women on their boards of directors cleared the state Assembly on Thursday, according to a news report.

With a 41-21 vote, the bill will head to the state Senate for a vote before the legislative session ends Friday night, according to the report in the San Francisco Chronicle. If passed, it will head to the desk of Gov. Jerry Brown, who would have a month to sign it.

The bill “would require a domestic general corporation or foreign corporation that is a publicly held corporation, as defined, whose...

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