A corporation cannot refuse a shareholder's re?quest to inspect corporate records for a proper purpose.

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Under most state laws, a corporation cannot refuse a shareholder's request to inspect corporate records for a proper purpose. This is known as a shareholder's right to inspect corporate records. Proper purposes can include things like verifying the accuracy of financial statements, investigating potential corporate mismanagement or misconduct, or preparing for a shareholder vote. However, the corporation may be able to limit the scope of the inspection and may require the shareholder to provide certain information or follow certain procedures before granting the request.

A Corporation Cannot Refuse a Shareholder's Re?quest to Inspect Corporate