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Small-Business Legal Audit Opinion Checklist

This form outlines the types of business transactions which a legal team during due diligence should audit and provide a legal opinion on.
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5.10[2] Legal Opinion Checklist

I. Due Incorporation/Organization: Good Standing; Conduct of Business.

• Review minute books.
• Review the corporation or other applicable entity laws of jurisdiction of organization existing on the date of organization and at the time of any subsequent reorganizations, mergers, etc.
• Review charter with amendments to determine, among other things, whether the charter as originally filed and as subsequently modified complied therewith …


etc.

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