Posts tagged with "corporate books and records"



OpenAI’s Potential Corporate Restructure: Implications for ChatGPT and Artificial General Intelligence
OpenAI is potentially undergoing a major corporate restructure, considering a shift to a Public Benefit Corporation (PBC) to balance its mission of developing ethical AI with the need for substantial funding. This follows the departure of key executives, including CTO Mira Murati and VP of Research Barret Zoph, signaling significant internal changes.
Shareholder and Member Rights to Inspect Corporate Records in Florida
In Florida, shareholders of corporations and members of LLCs have legal rights to inspect corporate records. Shareholders can review financial statements, shareholder lists, and other key documents by giving at least five business days' notice, provided the request is made in good faith. LLC members have similar rights under Section 605.0410, with access to records like member lists and financial documents.