CHAPTER 13. Records, Reports and Rights of Inspection [12580. - 12608.]
Chapter 13 added by Stats. 1982, Ch. 1625, Sec. 3.
§§ 12580–12608 · 18 sections
ARTICLE 1. General Provisions §§ 12580–12583 · 4 sections
- § 12580 If any record subject to inspection pursuant to this chapter is not maintained in written form, a request for inspection is not complied with unless and until…
- § 12581 Any inspection under this chapter may be made in person or by agent or attorney and the right of inspection includes the right to copy and make extracts.
- § 12582 Any right of inspection created by this chapter extends to the records of each subsidiary of a corporation.
- § 12583 The rights of members provided in this chapter may not be limited by contract or the articles or bylaws.
ARTICLE 2. Required Records, Reports to Directors and Members §§ 12590–12594 · 5 sections
- § 12590 (a) Each corporation shall keep: (1) Adequate and correct books and records of account; (2) Minutes of the proceedings of its members, board, and committees of…
- § 12591 (a) A corporation shall notify each member yearly of the member’s right to receive a financial report pursuant to this subdivision. Except as provided in…
- § 12592 (a) Any provision of the articles or bylaws notwithstanding, every corporation shall furnish annually to its members and directors a statement of any…
- § 12593 (a) The superior court of the proper county shall enforce the duty of making and mailing or delivering the information and financial statements required by…
- § 12594 For a period of 60 days following the conclusion of an annual, regular, or special meeting of members, a corporation shall, upon written request from a member,…
ARTICLE 3. Rights of Inspection §§ 12600–12608 · 9 sections
- § 12600 (a) Subject to Sections 12601 and 12602 and unless the corporation provides a reasonable alternative pursuant to subdivision (c), a member may do either or…
- § 12601 (a) Where the corporation, in good faith, and with a substantial basis, believes that the membership list, demanded by a member or members under Section 12600,…
- § 12602 (a) Upon petition of the corporation or any member, the superior court of the proper county may limit or restrict the rights set forth in Section 12600 where,…
- § 12603 The accounting books and records and minutes of proceedings of the members and the board and committees of the board shall be open to inspection upon the…
- § 12604 Every director shall have the absolute right at any reasonable time to inspect and copy all books, records and documents of every kind and to inspect the…
- § 12605 Where the proper purpose of the person or persons making a demand pursuant to Section 12600 is frustrated by (a) any delay by the corporation in complying with…
- § 12606 (a) Upon refusal of a lawful demand for inspection under this chapter, or a lawful demand pursuant to Section 12600 or Section 12603, the superior court of the…
- § 12607 In any action or proceeding under this article, and except as required by Section 12601, if the court finds the failure of the corporation to comply with a…
- § 12608 (a) A membership list is a corporate asset. Without consent of the board a membership list or any part thereof may not be obtained or used by any person for…