Richard Burt Professional Law Corporation

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Administrative Dissolution of Corporations and LLCs Adopted in California

09/04/2026

The following is the text of an e-bulletin that I wrote and that was published by the Corporations Committee of the Business Law Section of the California Lawyers Association. On September 22, 2018, Assembly Bill No. 2503 was signed into…

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Is Your Out of State LLC Doing Business in California? Here’s What to Know

07/31/2026

What if a corporation or a limited liability company (LLC) is formed in another state, like Delaware or Nevada, but does business in California? The out of state LLC doing business in California (a “foreign” business entity) must register with…

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Forms Removed from the California Secretary of State’s Website

07/01/2026

The Secretary of State proposed to remove various forms from its website, and it has now done so. Here are the forms that have been removed. The filings that in the past could be made by submitting one of these…

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California Secretary of State Requires More Filings Online

06/15/2026

Many of the official documents for business entities are now made online through the Secretary of State’s online portal, BizFile Online. The California Secretary of State is looking to drive even more submissions to be made online. Effective July 1,…

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You Need a Lawyer before Signing a Business Broker Listing Agreement — California Business Sale Attorney

04/10/2026

Post by Richard Burt, San Jose Business Sale Attorney (Martindale-Hubbell rating: av) A listing agreement with a business broker may look like a simple first step toward selling your company. It isn’t. It is a binding contract — and the…

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What is Sold When the Business is Sold in an Asset Purchase Transaction

04/04/2026

When a business is sold in an asset purchase transaction, the business itself is not a thing that is sold. What is sold are the assets that make up the business. So what assets are sold by the seller and…

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The Buyer’s Lawyer in Purchasing a Business

03/23/2026

If the purchase of a business represents a major financial commitment by the buyer (and typically it does), the buyer should have the assistance of a lawyer (and an accountant). The role of the lawyer can vary with how large…

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Why Buy a Business?

03/22/2026

Persons looking to be their own bosses have two options. They can start their own business or they can buy an existing business. Starting a business from scratch will typically take less capital than buying an existing business since you…

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Is the CA Certificate Status company a scam?

06/13/2024

Lately, my clients have been receiving a solicitation from a company calling itself CA Certificate Status, which offers to obtain from the California Secretary of State a certificate of status for a company. The solicitation preaches the possible benefits of…

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Impending Changes to the required Statement of Information

04/25/2024

Beginning Monday, April 29, 2024, the California Secretary of State will no longer accept statements of information on paper. A corporation will be permitted to file only online through the BizFile portal. There are some enhancements to the online statement…

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