Corporate records.

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(1) A nonprofit corporation shall keep as permanent records minutes of all meetings of its members and board of directors, a record of all actions taken by the members or board of directors without a meeting, a record of all actions taken by a committee of the board of directors in place of the board of directors on behalf of the nonprofit corporation, and a record of all waivers of notices of meetings of members and of the board of directors or any committee of the board of directors.

  1. A nonprofit corporation shall maintain appropriate accounting records.

  2. A nonprofit corporation or its agent shall maintain a record of its members in a formthat permits preparation of a list of the name and address of all members in alphabetical order, by class, showing the number of votes each member is entitled to vote.

  3. A nonprofit corporation shall maintain its records in written form or in another formcapable of conversion into written form within a reasonable time.

  4. A nonprofit corporation shall keep a copy of each of the following records at itsprincipal office:

  1. Its articles of incorporation;

  2. Its bylaws;

  3. Resolutions adopted by its board of directors relating to the characteristics, qualifications, rights, limitations, and obligations of members or any class or category of members;

  4. The minutes of all members' meetings, and records of all action taken by memberswithout a meeting, for the past three years;

  5. All written communications within the past three years to members generally as members;

  6. A list of the names and business or home addresses of its current directors and officers;

  7. A copy of its most recent periodic report pursuant to part 5 of article 90 of this title;and

  8. All financial statements prepared for periods ending during the last three years that amember could have requested under section 7-136-106.

Source: L. 97: Entire article added, p. 742, § 3, effective July 1, 1998. L. 2000: (5)(g) amended, p. 987, § 98, effective July 1. L. 2003: (5)(g) amended, p. 2350, § 333, effective July 1, 2004. L. 2010: (5)(g) amended, (HB 10-1403), ch. 404, p. 2000, § 27, effective August 11.


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