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When shadow copying is enabled, the default is to shadow copy all assemblies found through probing; that is, in the directories specified by the AppDomainSetup.PrivateBinPath and AppDomainSetup.ApplicationBase properties. The AppDomainSetup.ShadowCopyDirectories property restricts the shadow copy to the assemblies in the directories specified by AppDomainSetup.ShadowCopyDirectories.
Directory paths must not contain semicolons, because the semicolon is the delimiter character. There is no escape character for semicolons.
When shadow copying is in effect, assembly files are copied to another location before the assemblies are loaded. The original assembly file is not locked, so it can be updated. For more information on shadow copying, see Shadow Copying Assemblies.