Legal Question in Business Law in Minnesota
I currently own 17% of stock in a company I used to work for. I asked the accountant for a copy of the 1120-S and he refused to supply it. This is a family owned S-Corp based out of MN. Do I have any legal rights in order to receive a copy of the return?
Asked on 4/07/14, 2:13 pm
2 Answers from Attorneys
David Anderson
Anderson Business Law LLC
You have absolute rights to ALL financial & corp records
Call for free phone consult
33 years business law exp
Answered on 4/07/14, 2:22 pm
Morgan Kavanaugh
Wilkerson & Hegna, PLLP
Yes. Minn. Stat. 302A.461, subd. 4 states that you have the right to all corporate books and records upon written demand.
Answered on 4/08/14, 7:13 am
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