The Law of Private Business Corporations With Questions Problems And Forms
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In our eReader you can find the full English version of the book. Read The Law of Private Business Corporations With Questions Problems And Forms Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book The Law of Private Business Corporations With Questions Problems And Forms
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Accordingly it is the stockholder's right to see the books of the corporation in which the activities of the corporation are recorded and to take such copies thereof as necessary to make such inspection of avail. He need not show that the business of the corporation is being mismanaged. He need only show that he is a stockholder and that his purpose is a legitimate one, though under some statutes he need not show what his purpose is. This right of inspection the stockholder may enforce by manda...mus proceedings. 11 B. Rights Growing Out of Special Contracts Made by Corporation with Stockholders.
Sec. 44. RIGHT OF STOCKHOLDER TO CONTRACT AND DEAL WITH CORPORATION. A stockholder may enter Into contracts with the corporation to the same extent as any person, except In reference to his sub- scription to stock, In which case the rights of creditors must be considered.
As the corporation has an entity distinct from its stockholders, the stockholders may contract with it and become its creditors, and as such creditors, (but not as stockholders) may compete with other creditors.
What to read after The Law of Private Business Corporations With Questions Problems And Forms?
You can find similar books in the "Read Also" column, or choose other free books by Alfred William Bays to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Accordingly it is the stockholder's right to see the books of the corporation in which the activities of the corporation are recorded and to take such copies thereof as necessary to make such inspection of avail. He need not show that the business of the corporation is being mismanaged. He need only show that he is a stockholder and that his purpose is a legitimate one, though under some statutes he need not show what his purpose is. This right of inspection the stockholder may enforce by manda...mus proceedings. 11 B. Rights Growing Out of Special Contracts Made by Corporation with Stockholders.
Sec. 44. RIGHT OF STOCKHOLDER TO CONTRACT AND DEAL WITH CORPORATION. A stockholder may enter Into contracts with the corporation to the same extent as any person, except In reference to his sub- scription to stock, In which case the rights of creditors must be considered.
As the corporation has an entity distinct from its stockholders, the stockholders may contract with it and become its creditors, and as such creditors, (but not as stockholders) may compete with other creditors.
What to read after The Law of Private Business Corporations With Questions Problems And Forms?
You can find similar books in the "Read Also" column, or choose other free books by Alfred William Bays to read onlineMoreLess
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