Corporations Code section 2115.5

(a)

Section 301.3 shall apply to a foreign corporation that is a publicly held corporation to the exclusion of the law of the jurisdiction in which the foreign corporation is incorporated.

(b)

For purposes of this section, a “publicly held corporation” means a foreign corporation with outstanding shares listed on a major United States stock exchange.

Source: Section 2115.5, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=CORP§ionNum=2115.­5.­ (updated Jan. 1, 2019; accessed Oct. 5, 2026).

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Verified:
Oct. 5, 2026

§ 2115.5's source at ca​.gov