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do shareholders of a coop have the right to have a list of shareholders and their addresses if the use of the list relates to apartment building business?
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There is a podcast by Robert Baverman
Titled: What documents are we required to permit unit owners/shareholders to review?
that you should find helpful.
https://www.habitatmag.com/Publication-Content/Ten-Questions-About/Legal-Advice-for-Co-op-Condo-Boards
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visit habitat uHabitat U: learn about how to manage a building, and what you should know as a co-op or condo board member.
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The Truth about rights to shareholder list.
According to the BCL 624, Yes shareholders have a right to review the list with names and addresses, number of shares and date that ownership became effective otherwise known as the record date.
However the person requesting the list is required to
sign an affidavits stating that this list will not be sold or used for any nefarious purposes.
So basically if you are approved to review the list which by the way the key word here is review. They do not just give you a copy of the shareholder list. They allow you to review it in the office where it is being housed and make extracts, in other words bring a pen or two and a ream of paper.
If you are denied the right to the S.L. because lets say you want to share negative information about a board member, then the only way to get access to it is probably with the help of an attorney.
This question has been asked so many times through the years, clearly not very many people have been successful in obtain a copy of the shareholder listing.
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