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Technology Stocks : Intel Corporation (INTC)
INTC 51.13+5.9%1:28 PM EST
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To: Khris Vogel who wrote (4433)10/20/1996 9:10:00 PM
From: jackrabbit   of 186894
 
> Would one way to avoid St. of Cal. having jurisdiction over a state-based
> corportation be for the corp. (for instance, Intel) incorporate in another state?

Intel, like many other large corporations, is incorporated in Delaware. So, if my analysis holds, California may not ultimately be able to apply Prop. 211 to Intel, but would have jurisdiction over Intel for other purposes. Even if I'm right about Prop 211's unconstitutionality though, there will be some very expensive litigation before Prop 211 is actually found unconstitutional by the courts.
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