You Don't Know What You Have Until It's Done - or You Inspect It

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If you are a shareholder in a corporation, or have an ownership interest in a different business organization (such as a limited liability company), you may be curious about the value of your business; or, perhaps more specifically, the value of your stock or similar interest in that business. Alternatively, you may have concerns as to possible mismanagement or whether your business is complying with local law. As a person holding an ownership interest in a business, the law may permit you to inspect and copy the business' books and records to obtain answers to these and other important questions.

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Published In: Business Organization Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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