Yes, and the date is 1 January 2034. Corporations Code section 16956 is written to be repealed then and replaced by a version covering only accountancy and law. The parallel definition at section 16101 is rewritten from the same date to define professional limited liability partnership services as the practice of public accountancy or the practice of law. Read together, that affects how architecture, engineering and land surveying firms can be organized, not just what security they post. It is a question for your attorney, and it is worth raising well before then.
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Yes. California publishes an export list of coverages the Insurance Commissioner has found are not reasonably available from admitted insurers, reviewed at an annual public hearing. For professional services ...
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