https://www.cnet.com/news/what-californias-law-to-get-women-in-the-boardroom-means-for-silicon-valley/

Any company that doesn't comply will have to pay $100,000 for a first violation and $300,000 for a second. This makes California the first state to implement a quota for board diversity, the Los Angeles Times reported.

"Given all the special privileges that corporations have enjoyed for so long, it's high time corporate boards include the people who constitute more than half the 'persons' in America," Brown wrote in his signing letter.