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HomeCorporations CodeCh. 13Art. 2§ 12593 Court Enforcement Of Member Rights

§ 12593 Court Enforcement Of Member Rights

Corporations Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 12593 Court Enforcement Of Member Rights

This law says a court can make a company share important money info with its members, and if the company refuses without a good reason, the court can make them pay for the member's lawyer.

Key Takeaways

  • •Companies must share money info with members if asked.
  • •If they refuse for no good reason, a court can force them to do it.
  • •The company might have to pay your lawyer fees if they’re being unfair.

Example

You own part of a small company, but the boss won’t show you the money records you’re supposed to see.

You can take them to court, and if the judge thinks they’re being unfair, the company might have to pay your lawyer bills.

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

Official Source
View on CA.gov

§ 12593 Court Enforcement Of Member Rights

(a) The superior court of the proper county shall enforce the duty of making and mailing or delivering the information and financial statements required by this article and, for good cause shown, may extend the time therefor. (b) In any action or proceeding under this section, if the court finds the failure of the corporation to comply with the requirements of this article to have been without justification, the court may award the member reasonable expenses, including attorneys’ fees, in connection with such action or proceeding. (Added by Stats. 1982, Ch. 1625, Sec. 3. Operative January 1, 1984.)

Last verified: January 10, 2026

Key Terms

superior courtgood cause shownreasonable expensesattorneys’ fees

Related Statutes

  • § 6323 Corporate Financial Disclosure Enforcement
  • § 8323 Corporate Financial Disclosure Enforcement
  • § 15902.05 Court Order For Filing
  • § 12590 Corporate Records Maintenance
  • § 12591 Annual Report Member Rights

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Corporations Code. Section 12593.
View Official Source