California Corporations Code

§ 1604

CORP § 1604Div. 1 · Title 1 · Ch. 16

Statute text

In any action or proceeding under Section 1600 or Section 1601, if the court finds the failure of the corporation to comply with a proper demand thereunder was without justification, the court may award an amount sufficient to reimburse the shareholder or holder of a voting trust certificate for the reasonable expenses incurred by such holder, including attorneys’ fees, in connection with such action or proceeding.

Legislative history

Added by Stats. 1975, Ch. 682.