What are the conditions for the validity of electronic documents according to the Revised Corporation Code?

The validity of electronic documents according to the Revised Corporation Code hinges on specific criteria that ensure these documents are reliable and can be effectively utilized in a corporate context. The condition that electronic documents must be accessible and capable of being retained for future reference is critical because it emphasizes the need for such documents to be readily available for consultation, verification, or use as evidence in legal or corporate transactions. This aspect encourages transparency and accountability, which are fundamental to good corporate governance.

In practice, this means that electronic records should be stored in a manner that allows them to be retrieved and reviewed over time, ensuring that stakeholders can refer back to them when necessary. This requirement aligns with modern business practices, where electronic documentation plays a significant role, providing flexibility while still upholding standards of reliability and accessibility.

The other options do not align with the stipulations of the Revised Corporation Code. Printing on paper or requiring in-person notarization doesn't apply to electronic documents, as the code is tailored to accommodate digital formats. Similarly, while cloud storage can be one method of retaining documents, it's not a specified requirement under the law, allowing for various storage solutions that meet accessibility criteria.