Public-domain · open source
OpenJurist

KRS 271B.16-030

Scope of inspection right

Known as the Kentucky Business Corporation Act

The act spans §§ 271B.10-010 to 271B.8-580 (197 sections).

Effective: January 1, 1989 History: Created 1988 Ky

(1) A shareholder's agent or attorney shall have the same inspection and copying rights as the shareholder he represents.

(2) The right to copy records under KRS 271B.16-020 shall include, if reasonable, the right to receive copies made by photographic, xerographic, or other 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 subsection (2)(c) of KRS 271B.16-020 by providing him with a list of its shareholders that was compiled no earlier than the date of the shareholder's demand.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.