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36 U.S.C. § 140408 — Records and inspection

submitted 17 years ago by Pub. L. 111-95 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 112 words · no verdicts yet

in plain englishAI-generated · not legal advice

The corporation must keep complete financial records, meeting minutes, and a voting-members list. A voting member or the member’s representative may inspect the records for a proper purpose at a reasonable time.

(a) Records.—The corporation must keep—(1) correct and complete accounting records; (2) minutes of proceedings of its members, board of directors, and committees that have any authority of the board; and (3) at its principal office, a record of the names and addresses of members entitled to vote on matters relating to the corporation. (b) Inspection.—A member entitled to vote on a matter relating to the corporation, or the 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. 111–95, § 1(a), Nov. 6, 2009, 123 Stat. 3003.)

history & why it existsrecord from the source credit
  • 2009Enacted · Pub. L. 111-95 · 123 Stat. 3003

A history note hasn’t been published yet. The record shows enactment by Pub. L. 111-95 on 2009-11-06.

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