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CA Corporations Code Gives Board Directors Vast Inspection Rights

In Fowler v. Golden Pacific Bancorp, California Court of Appeal, Third Appellate District reinforced near absolute right of directors of California corporation to inspect company’s books and records pursuant to Section 1602 of the California Corporations Code.

Litigation Does Not Necessarily Vitiate Director s Absolute Right To Inspect | Allen Matkins

This space has previously discussed the question of just how absolute a director's "absolute" right of of inspection really is.  See When Is A Director’s Inspection Right Not Absolute?.

The Scope Of Director s Right To Inspect

After the corporation refused to produce the information and the director's motion to compel was denied, the director filed an action for peremptory writ of mandate to enforce his absolute right of inspection under Section 1602 of the California Corporations Code.

Federal Reserve Board issues enforcement action with former institution-affiliated party of Golden Pacific Bancorp, Inc

Federal Reserve Board issues enforcement action with former institution-affiliated party of Golden Pacific Bancorp, Inc
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