In Innes v. Diablo Controls, Inc., Case No., A145528, 2016 Cal. App. LEXIS 475 (Cal. App. June 16, 2016), the California Court of Appeal, First District, affirmed that California Corporations Code § 1601, which permits shareholders to demand inspection of “[t]he accounting books and records and minutes of proceedings of the shareholders and the board and committees of the board” of corporations in California, does not require a corporation to make those records available at any particular location.  The records need only be made available for inspection at the office where the records are usually maintained.  This holding confirms that corporations are not required to ship records normally stored out of state to California in response to a demand under Section 1601.
Continue Reading California Court of Appeal Confirms that Corporations Code § 1601 Does Not Require Corporations to Ship Records Maintained Out of State to California