Current through Session Law 2024-2
Section 55-16-03 - Scope of inspection right(a) A qualified shareholder may appoint an agent or attorney to exercise the qualified shareholder's inspection and copying rights under G.S. 55-16-02.(b) The corporation may, if reasonable, satisfy the right of a qualified shareholder to copy records under G.S. 55-16-02 by furnishing to the qualified shareholder copies by photocopy or other means chosen by the corporation, including copies through an electronic transmission.(c) The corporation may impose a reasonable charge to cover the costs of providing copies of documents to the qualified shareholder, which may be based on an estimate of the costs.(d) The corporation may comply with a qualified shareholder's demand to inspect the record of shareholders under G.S. 55-16-02(b)(3) by providing the shareholder with a list of its shareholders that was compiled no earlier than the date of the qualified shareholder's demand.N.C. Gen. Stat. § 55-16-03
Amended by 2021 N.C. Sess. Laws 106,s. 6-d, eff. 10/1/2021, and applicable to demands for inspection and requests for financial statements received by a corporation on or after that date.Amended by 2005 N.C. Sess. Laws 268, s. 35, eff. 10/1/2005. 1901, c.2, s. 49; Rev., s. 1179; C.S., s. 1172; G.S., s. 55-109; 1955, c.1371, s. 1; 1965, c. 609; 1973, c. 469, s. 11; 1989, c. 265, s. 1.