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36 U.S.C. § 120108 — Records and inspection

submitted 18 years ago by Pub. L. 110-254 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 112 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law tells the corporation what records to keep. It must keep account records, meeting minutes, and a list of voting members' names and addresses. A voting member, or their agent or lawyer, can inspect these records for any proper reason.

(a) Records. The corporation must keep: (1) correct and complete records of account; (2) minutes of the meetings of the members, the board of directors, and any committee that holds any of the board's authority; and (3) at its main office, a record of the names and addresses of members who are entitled to vote on the corporation's matters. (b) Inspection. Any member entitled to vote — or that member's agent or attorney — may inspect the corporation's records, for any proper purpose, at any reasonable time.
the actual law source: uscode.house.gov ↗public domain
(a)Records.—

The corporation shall keep—

(1)

correct and complete records of account;

(2)

minutes of the proceedings of the members, board of directors, and committees of the corporation having any of the authority of the board of directors of the corporation; and

(3)

at the principal office of the corporation, a record of the names and addresses of the members of the corporation entitled to vote on matters relating to the corporation.

(b)Inspection.—

A member entitled to vote on any matter relating to the corporation, or an agent or attorney of the member, may inspect the records of the corporation for any proper purpose, at any reasonable time.

Source credit: (Added Pub. L. 110–254, § 1(a)(2), June 30, 2008, 122 Stat. 2421.)

history & why it existsrecord from the source credit
  • 2008Enacted · Pub. L. 110-254 · 122 Stat. 2421

A history note hasn’t been published yet. The record shows enactment by Pub. L. 110-254 on 2008-06-30.

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