47-1A-1602.3. Abolition or limitation of right of inspection prohibited--Application.
The right of inspection granted by §§47-1A-1602 to 47-1A-1602.2, inclusive, may not be abolished or limited by a corporation's articles of incorporation or bylaws.
The provisions of this section do not affect:
(1)The right of a shareholder to inspect records under §47-1A-720 or, if the shareholder is in litigation with the corporation, to the same extent as any other litigant;
(2)The power of a court, independently of this chapter, to compel the production of corporate records for examination.
For purposes of §§47-1A-1602 to 47-1A-1602.3, inclusive, the term, shareholder, includes a beneficial owner whose shares are held in a voting trust or by a nominee on his behalf.
Source: SL 2005, ch 239, §376.