Section 16.02 of the Model Business Corporation Act grants a shareholder the right to inspect corporate records on the following conditions. A. A shareholder of a corporation is entitled to inspect and copy, during regular business hours at the corporation’s principal office, any of the records of the corporation described in section 16.01(e) if he gives the corporation written notice of his demand at least five business days before the date on which he wishes to inspect and copy. B. A shareholder of a corporation is entitled to inspect and copy, during regular business hours at a reasonable location specified by the corporation, any of the following records of the corporation if the shareholder meets the requirement of Subsection (c) and gives the corporation written notice of his demand at least five business days before the date on which he wishes to inspect and copy: 1. Excerpts from minutes of any meeting of the board of directors, records of any action of a committee of the board of directors while acting in place of the board of directors on behalf of the corporation, minutes of any meeting of the shareholders, and records of action taken by the shareholders or board of directors without a meeting, to the extent not subject to inspection under section 16.02(a); 2. Accounting records of the corporation; and 3. The record of shareholders.
Demand for Inspection of Corporate Books and Records The undersigned (Name of Stockholder) is the holder of (number) shares of the common stock of (Name of Corporation) and does hereby demand the opportunity to inspect, at the office of the Corporation, the books and records of the Corporation, its stock ledger and the list of its shareholders. The undersigned (Name of Stockholder) does further state that the inspection is sought for a proper purpose, as follows: (describe purpose). The undersigned also states that he has never sold nor offered for sale any list of shareholders of any corporation, nor assisted any person in obtaining such a list or record for such purposes. The requested date and time for inspection is the ____ day of _______________, 20____ at (time of day). Witness my
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