Scope of shareholder's inspection right.

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(1) A shareholder's agent or attorney has the same inspection and copying rights as the shareholder.

  1. The right to copy records under section 7-116-102 includes, if reasonable, the right toreceive copies made by photographic, xerographic, or other means.

  2. Except as provided in section 7-116-106, the corporation may impose a reasonablecharge, covering the costs of labor and material, for copies of any documents provided to the shareholder. The charge may not exceed the estimated cost of production and reproduction of the records.

  3. The corporation may comply with a shareholder's demand to inspect the record ofshareholders under section 7-116-102 (2)(c) by furnishing to the shareholder a list of shareholders that complies with section 7-116-101 (3) and was compiled no earlier than the date of the shareholder's demand.

Source: L. 93: Entire article added, p. 846, § 1, effective July 1, 1994.


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