490.1603  Scope of inspection right.

1.  A shareholder's agent or attorney has the same inspection and copying rights as the shareholder the agent or attorney represents.

2.  The right to copy records under section 490.1602 includes, if reasonable, the right to receive copies made by photographic, xerographic, or other technological means.

3.  The corporation may impose a reasonable charge, covering the costs of labor and material, for copies of any documents provided to the shareholder. The charge shall not exceed the estimated cost of production or reproduction of the records.

4.  The corporation may comply with a shareholder's demand to inspect the record of shareholders under section 490.1602, subsection 2, paragraph "c" by providing the shareholder with a list of its shareholders that was compiled no earlier than the date of the shareholder's demand.

Section History: Recent form

  89 Acts, ch 288, §177


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