Legal Question in Business Law in Minnesota

What legal rights does a minority investor have regarding regular communication with a young start up ?

Asked on 9/24/12, 12:46 pm

2 Answers from Attorneys

David Anderson Anderson Business Law LLC

If you are a Shareholder you have specific statutory rights to corp financial records

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Answered on 9/24/12, 1:09 pm

Robert Kane Law Offices of Robert D. Kane, Jr.

I agree with Mr. Anderson, and the Articles and Bylaws may give you additional rights and protections. I was focusing, however, more on the term "regular communication." I do not see a reason why you couldn't communicate regularly with any one at the company. Unless, it is becoming harassment. There is probably more to his question that needs to be looked at by an attorney.

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Answered on 9/24/12, 1:49 pm

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