Loading chat...

CA AB2980

Bill

Status

Engrossed

5/21/2024

Primary Sponsor

Evan Low

Click for details

Origin

State Assembly

2023-2024 Session

AI Summary

  • Authorizes county clerks to issue certified copies of fictitious business name statements using blockchain technology upon request, at the existing fee of $2
  • Defines "blockchain technology" as a decentralized data system with mathematically verifiable data using distributed ledgers or databases to store specialized data
  • Allows county clerks to issue statements of abandonment of fictitious business names and statements of withdrawal from partnerships using blockchain technology
  • Maintains existing rebuttable presumptions that certified copies of statements establish the existence of the original statement, its proper execution, and the truth of required information
  • Clarifies that blockchain-issued statements remain subject to existing requirements under Government Code Section 54985

Legislative Description

Fictitious business names: county recorder: statements: blockchain technology.

Last Action

In committee: Set, first hearing. Hearing canceled at the request of author.

6/24/2024

Committee Referrals

Business, Professions and Economic Development6/12/2024
Rules6/5/2024
Local Government5/29/2024
Rules5/22/2024
Privacy and Consumer Protection3/21/2024

Full Bill Text

No bill text available