Is it just me or doesn't this law discriminate violate gender discrimination laws at the federal level?
SEC. 2. Section 301.3 of the Corporations Code is amended to read:
301.3. (a) No later than the close of the 2019 calendar year, a publicly held domestic or foreign corporation whose principal executive offices, according to the corporation’s SEC 10-K form, are located in California shall have a minimum of one female director on its board. A corporation may increase the number of directors on its board to comply with this section.
(b) No later than the close of the 2021 calendar year, a publicly held domestic or foreign corporation whose principal executive offices, according to the corporation’s SEC 10-K form, are located in California shall comply with the following:
(1) If its number of directors is six or more, the corporation shall have a minimum of three female directors.
(2) If its number of directors is five, the corporation shall have a minimum of two female directors.
(3) If its number of directors is four or fewer, the corporation shall have a minimum of one female director.
Is it just me or doesn't this law discriminate violate gender discrimination laws at the federal level?
Haha, yes! The laws will save us! They can't do that, it violates the law!
Gottem!