What must corporations maintain as per the Revised Corporation Code regarding corporate documents?

Maintaining accurate records of all corporate acts and decisions is essential as per the Revised Corporation Code. This requirement ensures that corporations have a transparent and reliable system for documenting their governance and operational activities. These records serve multiple purposes: they provide a clear history of the corporation's decisions, facilitate effective management, and help ensure compliance with legal and regulatory obligations.

Accurate documentation is critical for promoting accountability and establishing a transparent corporate environment, which can enhance trust among shareholders, regulatory bodies, and the public. Furthermore, such records are often necessary for legal proceedings and audits, ensuring that the corporation can demonstrate its compliance with laws and regulations.

The other options do not align with the specific requirements set forth by the Revised Corporation Code. For example, maintaining digital copies of all expired contracts is not a mandated practice, nor is it focused on the core activities of corporate governance. Similarly, publicly accessible documents for all transactions and merely summarizing yearly activities do not capture the comprehensive necessity for detailed and accurate recording of all corporate actions and decisions.