Is there a california or federal business law that states that a business owner must notify investors of loss? and how often should they be notified?
Thanks Deanna
Read your corporate By Laws or your Partnership Agreement for the specifics of shareholder or Limited Partner notices and rights. At the minimum a corporation is supposed to hold shareholder meetings once a year, with access to an annual report. A Partnership Agreement defines whatever rights there are. You weren't so unwise as to invest in anything but a corporation or formally organized Partnership. were you?? If so, then your 'rights' aren't defined specifically, and you'll have to do whatever necessary to protect yourself. You always have the 'right' to demand info. Do so.
Read your corporate By Laws or your Partnership Agreement for the specifics of shareholder or Limited Partner notices and rights. At the minimum a corporation is supposed to hold shareholder meetings once a year, with access to an annual report. A Partnership Agreement defines whatever rights there are. You weren't so unwise as to invest in anything but a corporation or formally organized Partnership. were you?? If so, then your 'rights' aren't defined specifically, and you'll have to do whatever necessary to protect yourself. You always have the 'right' to demand info. Do so.
Read your corporate By Laws or your Partnership Agreement for the specifics of shareholder or Limited Partner notices and rights. At the minimum a corporation is supposed to hold shareholder meetings once a year, with access to an annual report. A Partnership Agreement defines whatever rights there are. You weren't so unwise as to invest in anything but a corporation or formally organized Partnership. were you?? If so, then your 'rights' aren't defined specifically, and you'll have to do whatever necessary to protect yourself. You always have the 'right' to demand info. Do so.
Read your corporate By Laws or your Partnership Agreement for the specifics of shareholder or Limited Partner notices and rights. At the minimum a corporation is supposed to hold shareholder meetings once a year, with access to an annual report. A Partnership Agreement defines whatever rights there are. You weren't so unwise as to invest in anything but a corporation or formally organized Partnership. were you?? If so, then your 'rights' aren't defined specifically, and you'll have to do whatever necessary to protect yourself. You always have the 'right' to demand info. Do so.
