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A medical group with doctors as owners (PC). I am a recent shareholder, upon asking to examine the books I was denied that, stating that only managing members are allowed to see the books. The company doesn’t make distributions so I wanted to know what happens to the profits. Is that legit? What... View More 
answered on Nov 8, 2022
If the corporation prevents you from reviewing the books after a properly drafted and served 5 day notice, you may apply to a NY Supreme Court judge for an Order to Show Cause to enforce your rights to examine the books pursuant to BCL Sec. 624(d). Consider retaining an experienced attorney if you... View More
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