Kentucky Statutes 271B.16-200 – Financial statements for shareholders
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Upon the written request of any shareholder or holder of voting trust certificates for shares of a corporation the corporation shall mail to such shareholder or holder of voting trust certificates its most recent financial statements showing in reasonable detail its assets and liabilities and the results of its operations.
Effective: January 1, 1989
History: Created 1988 Ky. Acts ch. 23, sec. 171, effective January 1, 1989.
Effective: January 1, 1989
Terms Used In Kentucky Statutes 271B.16-200
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: may extend and be applied to any corporation, company, partnership, joint stock company, or association. See Kentucky Statutes 446.010
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Shareholder: means the person in whose name shares are registered in the records of a corporation or the beneficial owner of shares to the extent of the rights granted by a nominee certificate on file with a corporation. See Kentucky Statutes 271B.1-400
History: Created 1988 Ky. Acts ch. 23, sec. 171, effective January 1, 1989.