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Angel Investor: An investor who own's 20% is demanding I give him access so he can see every single transaction that i make on the business account. Is this right?
DG
DG
David Grosso, Marketing & sales, domestic & internatiinal market answered:

Normally an investor has the right to inspect the accounting books. But he needs to ask it in a formal manner with a letter, he cannot just come and ask for the books you could tell I do not have them ready for you. Be careful this is normally an atypical situation (as numbers are reviewed during the shareholders meetings) and i strongly suggest that you consult your company's lawyer and use him to follows this case. Laws can be slightly different depending states and companies bylaws.

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