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California Governor Signs Bill Requiring Corporate Boards to Include Women
Route Fifty: California Gov. Jerry Brown signed legislation on Sunday that would require publicly traded companies with principal executive offices based in the Golden State have women sit on their corporate boards, something that business groups and others have questioned the legality of.
Companies not in compliance with S.B. 826, sponsored by state Sen. Hannah-Beth Jackson of Santa Barbara, would face a $100,000 fine for the first violation.
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