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Improper Purpose Frustrates Member's Assertion Of A Proper Purpose

Picture of Keith Paul Bishop Posted on March 27, 2017 by Keith Paul Bishop

The inspection rights of members of California nonprofit mutual benefit corporations mirror those of shareholders of corporations under the General Corporation Law. Section 8333 of the Corporations Code provides that the accounting books and records...

Corporate Governance, improper purpose, proper purpose, Section 8333, Tract No. 7260 Ass'n v. Parker

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