Current through Acts effective through 7/1/2024 of the 2024 Legislative Session
Section 7-136-101 - Corporate records(1) A nonprofit 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 board of directors without a meeting, a record of all actions taken by a committee of the board of directors in place of the board of directors on behalf of the nonprofit corporation, and a record of all waivers of notices of meetings of members and of the board of directors or any committee of the board of directors.(2) A nonprofit corporation shall maintain appropriate accounting records.(3) A nonprofit 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 vote.(4) A nonprofit corporation shall maintain its records in written form or in another form capable of conversion into written form within a reasonable time.(5) A nonprofit corporation shall keep a copy of each of the following records at its principal office: (a) Its articles of incorporation;(c) 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;(d) The minutes of all members' meetings, and records of all action taken by members without a meeting, for the past three years;(e) All written communications within the past three years to members generally as members;(f) A list of the names and business or home addresses of its current directors and officers;(g) A copy of its most recent periodic report pursuant to part 5 of article 90 of this title; and(h) All financial statements prepared for periods ending during the last three years that a member could have requested under section 7-136-106.L. 97: Entire article added, p. 742, § 3, effective 7/1/1998. L. 2000: (5)(g) amended, p. 987, § 98, effective July 1. L. 2003: (5)(g) amended, p. 2350, § 333, effective 7/1/2004. L. 2010: (5)(g) amended, (HB 10 -1403), ch. 404, p. 2000, § 27, effective August 11.