§ 12582 Subsidiary Records Inspection Rights

Corporations Code·California

AI SummaryVerified

This law says that if a big company owns smaller companies, people can check the records of those smaller companies too.

Key Takeaways

•If a company owns other smaller companies, their records can be checked too.
•This rule helps people see all the important papers, not just from the big company.

Example

Imagine a big toy company owns a smaller company that makes action figures.

If someone has the right to look at the big company's records, they can also look at the action figure company's records.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 12582 Subsidiary Records Inspection Rights

Any right of inspection created by this chapter extends to the records of each subsidiary of a corporation. (Added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.)

Last verified: January 10, 2026

Key Terms

right of inspection subsidiary corporation

References

Official text at leginfo.legislature.ca.gov
California Legislature. Corporations Code. Section 12582.

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Key Takeaways

Example

Key Terms

Related Statutes

References