79-11-283 - Recordkeeping requirements.

§ 79-11-283. Recordkeeping requirements.
 

(1)  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 79-11-265. 

(2)  A corporation shall maintain appropriate accounting records. 

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

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

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

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

(b) Its bylaws or restated bylaws and all amendments to them currently in effect; 

(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 meetings of members and records of all actions approved by the members for the past three (3) years; 

(e) All written communications to members generally within the past three (3) years; 

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

(g) Its most recent status report delivered to the Secretary of State under Section 79-11-391. 
 

Sources: Laws,  1987, ch. 485, § 92, eff from and after January 1, 1988.