The proposed amendments to the California Political Reform Act and other sections of the California Government Code in SB 398, which were discussed in our May 18, 2011 Client Alert, were signed into law by Governor Brown on October 9, 2011. The amendments are effective immediately. In summary, the amendments do the following:
Please click here to see our May 18, 2011 alert, “Update on Proposed Amendments to California Lobbyist Registration Requirements for Placement Agents,” for a more detailed discussion of the amendments.
Please contact any of the authors listed below if you have questions or need additional information about the SB 398 amendments or the laws concerning lobbyists or other registration requirements for placement agents and external managers.
This publication/newsletter is for informational purposes and does not contain or convey legal advice. The information herein should not be used or relied upon in regard to any particular facts or circumstances without first consulting a lawyer.