§ 1877 Corporate Stockholder Records Requirement

• •Companies must keep a list of all their owners and board members at their main office in the state.
• •If the main office is outside the state, they must keep these records at another office inside the state.
• •They also need to keep copies of all reports they send to the state official.

A big toy company has its main office in New York but also has an office in California.

The toy company must keep a list of all its owners and board members, along with copies of reports sent to the state, at its California office.