California Corporations Code

§ 318

CORP § 318 Effective Jun 27, 2012Div. 1 · Title 1 · Ch. 3

Statute text

(a)The Secretary of State shall develop and maintain a registry of distinguished women and minorities who are available to serve on corporate boards of directors. As used in this section, “minority” means an ethnic person of color including American Indians, Asians (including, but not limited to, Chinese, Japanese, Koreans, Pacific Islanders, Samoans, and Southeast Asians), Blacks, Filipinos, and Hispanics.

(b)For each woman or minority who participates in the registry, the Secretary of State shall maintain information on his or her educational, professional, community service, and corporate governance background. That information may include, but is not limited to:

(1)Paid or volunteer employment.

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Legislative history

Amended by Stats. 2012, Ch. 46, Sec. 2. (SB 1038) Effective June 27, 2012.