| To
Be Inspected |
Director |
Shareholder |
| Company's
books & records |
Absolute
right to inspect & copy all books & records at any reasonable
time. Cal. Corp. Code §1602 |
Limited
right to inspect company's books & records during office
hours at company's principal place of business.* Shareholder
burden of proof as explained above. Cal. Corp. Code §1601(a). |
| Articles
of Incorporation and By-Laws |
Absolute
right to inspect & copy as above. Cal. Corp. Code §213 |
Absolute
right to inspect during office hours at company's principal
place of business. |
| Company's
executed contract including leases and loan documents |
Absolute
right to inspect & copy as above. |
No
statutory right to inspect. |
| Company's
correspondence |
Absolute
right to inspect & copy as above. |
No
statutory right to inspect. |
| Company's
physical assets |
Absolute
right to inspect & copy as above. |
No
statutory right to inspect. |
| Subsidiary's
records |
Absolute
right to inspect & copy as above. |
No
statutory right to inspect. |
| Company's
tax returns |
Absolute
right to inspect income tax return. |
Shareholder
who owns at least 1% of the stock may inspect company's tax
return on file with the IRS. Internal Revenue Code §6103(e) |