part XV.

281 words·~1 min read·/hi/part-xv-2

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

part XV. RECORDS AND REPORTS

[§414D-301] Corporate records.

(a)A corporation shall keep as permanent records minutes of all meetings of its members and board of directors, a record of all actions taken by the members or directors without a meeting, and a record of all actions taken by committees of the board of directors as authorized by section 414D-148(d).

(b)A corporation shall maintain appropriate accounting records.

(c)A corporation or its agent shall maintain a record of its members in a form that permits preparation of a list of the name and address of all members, in alphabetical order by class, showing the number of votes each member is entitled to cast.

(d)A corporation shall maintain its records in written form or in another form capable of conversion into written form within a reasonable time.

(e)A corporation shall keep a copy of the following records at its principal office:

(1)Articles or restated articles of incorporation and all amendments to them currently in effect;

(2)Bylaws or restated bylaws and all amendments to them currently in effect;

(3)Resolutions adopted by its board of directors relating to the characteristics, qualifications, rights, limitations, and obligations of members or any class or category of members;

(4)Minutes of all meetings of members and records of all actions approved by the members for the past three years;

(5)All written financial statements furnished for the past three years under section 414D-306;

(6)A list of the names and business or home addresses of its current directors and officers; and

(7)The most recent annual report delivered to the department director under section 414D-308. [L 2001, c 105, pt of §1]