California law permits corporate shareholders the right to inspect and copy minutes, accounting records, financial statements, bylaws, and most corporate records that are not protected by the attorney-client privilege. This includes the names, addresses, and number of shares owned by each shareholder. The shareholders that are making the demand to inspect and copy records must do so for a purpose reasonably related to the shareholder's interest as a shareholder. The right to inspect includes any subsidiaries and may be conducted by the shareholder's agent, including their accountant or attorney. Any right to inspect may not be limited by the bylaws or articles of incorporation.

Due Diligence Checklist