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Dictionary by pitch.dog
Shares, shareholders & voting · Working

Inspection right

Also called: books-and-records right

ELI5

A right to inspect specified company books or records, subject to conditions.

Used in conversation

“Can we state who receives the right created by inspection right, and when it applies?”

Pitch context

You will see “Inspection right” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches shares, shareholders & voting.

Why it matters: In shares, shareholders & voting, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

When the words have to travel

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Sources & evidence · 4

Direct term-level sources and supporting source families.