The California Court of Appeal recently ruled that an inspection demand under California Corporations Code section 1601 requires a corporation to make its books and records available for inspection at an office where they normally are kept, rather than at an office in California. Innes v. Diablo Controls, Inc.. Section 1601, likely familiar to most California corporations, permits inspection by shareholders of a corporation’s accounting books and records and shareholder and board proceeding minutes, and provides that the relevant records be open to inspection “at any reasonable time during usual business hours.” Diablo Controls is a California corporation that maintained certain of its records at a corporate office in Illinois. The appellant shareholders sought an order compelling the corporation to make its books and records available for inspection at a Diablo Controls office in California... Continue Reading