California landlords and business owners won’t be able to hide behind LLCs if new bill passes

The bill has broad support from labor, housing, and environmental groups. A California lawmaker wants to require business owners and landlords to disclose their identities under legislation aimed at cracking down on opaque ownership structures that have enabled some companies to skirt state laws without facing consequences.Limited liability companies and similar corporations in the United States are often formed to protect a business owner’s personal assets. In California, the world’s...