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SACRAMENTO, Calif. (AP) — California has become the first state to require publicly traded companies to include women on their boards of directors, one of a series of laws boosting or protecting women that Gov. Jerry Brown signed Sunday.
The measure requires at least one female director on the board of each California-based public corporation by the end of next year. Companies would need up to three female directors by the end of 2021, depending on the number of board seats.
The article goes on to state the following:
The Democratic governor referenced the objections and legal concerns that the law has raised. The California Chamber of Commerce has said the policy will be difficult for companies to implement and violates constitutional prohibitions against discrimination.
“I don’t minimize the potential flaws that indeed may prove fatal to its ultimate implementation,” Brown wrote in a signing statement. “Nevertheless, recent events in Washington, D.C. — and beyond — make it crystal clear that many are not getting the message.”
Wow. Acknowledging numerous objections, serious legal concerns and potential flaws, Gov. Jerry Brown just signed #SB826 requiring publicly held corporations based in California to have a representative number of women on their board of directors: https://t.co/pAL5WLCH3J pic.twitter.com/2j5HYtmHVM
— Matthew T. Hall 📚 (@SDuncovered) September 30, 2018
California now requires publicly traded companies to include women on the board of directors. CA is the first state in the US with this mandate. Governor Jerry Brown signed the controversial bill, SB 826, into law today. pic.twitter.com/XGo2B68Faj
— Marlei Martinez (@MarleiMartinez) September 30, 2018
Gov. Jerry Brown has signed another batch of bills, including one that requires corporations based in California to have women on their board of directors. Read on for information about other bills: https://t.co/xPT6LdA4jG
— KQED News (@KQEDnews) September 30, 2018
Related: I’m available if anyone wants me on their board.
“Gov. Jerry Brown signs bill requiring California corporate boards to include women” https://t.co/9df2F6HV3Y
— Amy Davis Roth (@SurlyAmy) September 30, 2018
— The Hill (@thehill) September 30, 2018
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