§152 Reports; Records for Public Inspection

Summary

A China Trade Act corporation must use the calendar year as its fiscal year. Each year it must make a report about its business and its finances at year-end and file that report with the registrar in the form, manner, and on the schedule set by rules. The corporation must give an accurate copy of the report to every stockholder. The registrar must send the Secretary copies of all reports, certificates, and certified copies it receives or issues under this law. The Secretary must send the registrar copies of every application for a certificate of incorporation and any certificates the Secretary receives or issues. Both offices must keep these papers on file and allow the public to inspect them under the rules.