The new California law requiring gender balance on companies’ boards of directors likely sets up a showdown with Delaware over which state’s law takes precedence, legal experts said this week.

The California legislation, signed into law on Sunday by Gov. Jerry Brown, mandates that all publicly traded corporations headquartered in the state have at least one woman on their boards by the end of 2019. By 2021, companies with five directors would need to have at least two female directors, and companies with more than six directors would be required to have three women on their boards.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]