RE : ROBBED18 Jul 2019 21:28
Shareholders' Rights to Financial Information
Shareholders' rights to financial information are not limited by common law or inspection statute limits.3 min read
Shareholders' rights to financial information are not limited by common law or inspection statute limits. The shareholder is, however, required to exercise good faith when requesting financial information. The shareholder must also have a proper purpose for the request. When a shareholder exercises his or her inspection rights, it's a requirement that the reason for the request is presented in writing. When the reason for the request is considered proper, the information rights of the shareholder include every corporate record related to the purpose.