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County of Los Angeles
Department of Consumer Affairs
New Consumer Laws 2010

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LIENS AGAINST OUT-OF-STATE COMPANIES

AB 1549 (Chap. 153) amends CCP sections 697.530, 697.590, and 700.140

Background: A 2001 revision to the Commercial Code practically eliminated the ability of a judgment creditor to obtain a judgment lien against the assets of a foreign registered organization (corporation, limited liability company) because the conditions for the creation of the judgment lien became impossible to meet.

The new law: Reinstates the ability of judgment creditors to obtain judgment liens against the assets of foreign registered organizations.

May be reprinted for non-commercial use if a credit line is included acknowledging the County of Los Angeles Department of Consumer Affairs.

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For more information:
County of Los Angeles Department of Consumer Affairs
B-96 Kenneth Hahn Hall of Administration
500 W. Temple Street * Los Angeles, CA 90012-2706
Telephone (800) 593-8222 (within the County) * (213) 974-1452
Web site: dca.lacounty.gov