Prerequisites to shareholder right to inspect and copy records specified in § 47-1A-1602.1.

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47-1A-1602.2. Prerequisites to shareholder right to inspect and copy records specified in §47-1A-1602.1.

A shareholder may inspect and copy the records described in §47-1A-1602.1 only if:

(1)Demand is made in good faith and for a proper purpose;

(2)The shareholder describes with reasonable particularity the purpose and the records the shareholder desires to inspect; and

(3)The records are directly connected with the purpose.

Source: SL 2005, ch 239, §375.


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