Shareholders’ Right To Inspect Corporate Books and Records (Part 5)

Texas: An Issue for the Jury. In Texas, a holder of shares of a corporation for at least six (6) months, or a holder of at least 5% of all of the outstanding shares of a corporation, is entitled to examine and copy the corporation’s relevant books, records of account,...

Shareholders’ Right To Inspect Corporate Books and Records (Part 4)

New York: Proper Purposes.  The New York statute provides that a shareholder has the right to examine corporate books and records upon at least five (5) days’ written demand for any purpose reasonably related to such person’s interest as a shareholder.[1]  Inspection,...