Tag Archives: Records inspection

7 Corporate Records an Iowa Corporation Must Keep

Iowa shareholders who are either seeking to learn more about their corporation or who are investigating potential corporate wrongdoing, often inquire as to what corporate records (i.e. documents) their corporation must keep.  Not surprisingly, reviewing a corporation’s records often provides shareholders … Continue reading

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Howdy Partner, Show me Your Books!

Access to Books & Records in an Iowa Partnership Similar to shareholders in a corporation and members in a limited liability company, partners in a partnership are entitled to access the partnership’s books and records.  Iowa partnership law expressly states … Continue reading

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February 25, 2011 – Update RE: Demand to Inspect Corporate Book & Records

On February 21, 2011, the Delaware Court of Chancery handed down an opinion regarding an LLC member’s right to conduct a books and records inspection on matters that occurred before the member obtained an ownership interest in the LLC.  Max … Continue reading

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The squeaky owner gets the grease…

5 steps a shareholder / business owner can consider taking to correct corruption 1. Become informed: The old adage, “knowledge is power” still holds true; if you are armed with proper knowledge, your chances of identifying and curbing corruption are … Continue reading

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Books and Records Inspection

You don’t know what you have until it’s gone. . . or you inspect. A Shareholder / Business Owner’s Right to Inspect Books and Records If you are a shareholder in a close corporation (i.e. small, private, not publicly traded … Continue reading

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