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Percentage of Ownership

Asked by: Emily - 9 September, 2011
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/default.png-f1597c1da25f30f8c1a941405e8391c8 How do I find out what percentages each shareholder has?
Answered by: Monique Blanchard - 12 September, 2011
https://d25eic0jctudgb.cloudfront.net/images/site/avatars/50.jpg-60aa8d118f025d90495307344c27caa8 Emily,

I presume you are referring to percentage of ownership of an existing corporation.

Technically, you can learn about the total number of shares of a corporation from its Articles of Incorporation. However specific percentage of ownership of each shareholder is listed in bylaws of the corporation, which in case of private corporations is not a public document. You need to be an authorized person to have access to this document.

For LLCs the percentage of membership interest is defined by the members in the Operating Agreement, which is also an internal company document.

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