47-1A-1602.2. Prerequisites to shareholder right to inspect and copy records specified in § 47-1A-1602.1.
53 words·~1 min read·
/sd/title-47/chapter-47-1/47-1a-1602-2·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A shareholder may inspect and copy the records described in § 47-1A-1602.1 only if:
(1)Demand is made in good faith and for a proper purpose;
(2)The shareholder describes with reasonable particularity the purpose and the records the shareholder desires to inspect; and
(3)The records are directly connected with the purpose.