36 U.S.C. § 20108 — Records and inspection

submitted 28 years ago by Pub. L. 105-225 to r/title-36-PATRIOTIC-AND-NATIONAL-OBSERVANCES-CEREMONIES-AND-ORGANIZATIONS · 87 words · no verdicts yet

in plain englishAI-generated · not legal advice

The corporation must keep accurate financial records and meeting minutes. It must also list voting members' names and addresses at its main office. Voting members 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 proceedings of its members, board of governors, and any committee holding board-level authority; and (3) at its main office, a record of the names and addresses of its members who can vote. (b) Inspection. A member entitled to vote, or that member's agent or attorney, can 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 its members, board of governors, and committees having any of the authority of its board of governors; 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.

Source credit: (Pub. L. 105–225, Aug. 12, 1998, 112 Stat. 1286.)

history & why it existsrecord from the source credit

1998Enacted · Pub. L. 105-225 · 112 Stat. 1286

A history note hasn’t been published yet. The record shows enactment by Pub. L. 105-225 on 1998-08-12.

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