Records and inspection

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§130308. Records and inspection

(a) Records.-The corporation shall keep-

(1) correct and complete records of account;

(2) minutes of the proceedings of its members, board of directors, and committees having any of the authority of its board of directors; and

(3) at its principal office, a record of the names and addresses of its members entitled to vote.


(b) Inspection.-A member entitled to vote, or an agent or attorney of the member, may inspect the records of the corporation for any proper purpose, at any reasonable time.

( Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1376 .)

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
130308 36:643. Aug. 4, 1955, ch. 546, §13, 69 Stat. 489 .

The word "records" is substituted for "books and records" for consistency in the revised title and to eliminate unnecessary words.


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