QUESTION
Can a stockholder in a California Mutual Water Company sue the company?
Asked on Mar 04th, 2016 on Corporate Law - California
1 ANSWER
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A shareholder is a differnt person from the coporation; each can be sued or sue another person. So the answer is yes, a shareholder can sue the corporation in which he owns shares of stock. It doens't matter what type of corporation it is, such as a mutual water company.
Answered on Mar 06th, 2016 at 9:49 AM