Legal Question in Business Law in Georgia
audit financial records of business
if you have stock (20%) in a company and you
feel that the major stockholder is wasting
the company's assets to start other
businesses or to put them in his own name,
how can the minor stockholder call for an
audit to see where the assets are going.
Asked on 3/21/00, 12:20 pm
1 Answer from Attorneys
Jeff Kent
Kent & Merritt, P.A.
Re: audit financial records of business
You should be able to see the records, if your reason for seeing them is a legitimate, reasonable one. Check out O.C.G.A. Sections 14-2-1602(b) and (c). You can find this statute at http://www.georgianet.org/services/ocode/ocgsearch.htm. Good luck!
Answered on 5/08/00, 11:06 am
Related Questions & Answers
-
Usingname of non-partner a friend ask me if his brother could work with me for a... Asked 2/25/00, 8:43 pm in United States Georgia Business Law
-
Rights of Partner I have 20% in a company with my brother who has 80%. Just recently... Asked 1/20/00, 11:56 am in United States Georgia Business Law
-
Legal liability for a production group. We are a production group based in North... Asked 1/21/98, 1:31 pm in United States Georgia Business Law
-
Predatory pricing How do I get information on predatory pricing concerning a bid on... Asked 1/02/98, 10:51 am in United States Georgia Business Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
