[§428-408]  Member's right to information. (a)  A limited liability company shall provide members and their agents and attorneys access to any of its records at reasonable locations specified in theoperating agreement.  The company shall provide former members and their agentsand attorneys access for proper purposes to records pertaining to the periodduring which they were members.  The right of access includes the opportunityto inspect and copy records during ordinary business hours.  The  company mayimpose a reasonable charge, limited to the costs of labor and material, forcopies of records furnished.

(b)  A limited liability company shall furnishto a member, and to the legal representative of a deceased member or memberunder legal disability:

(1)  Without demand, information concerning thecompany's business or affairs reasonably required for the proper exercise ofthe member's rights and performance of the member's duties under the operatingagreement or this chapter; and

(2)  On demand, other information concerning thecompany's business or affairs, except to the extent the demand or theinformation demanded is unreasonable or otherwise improper under thecircumstances.

(c)  A member has the right, upon a signedrecord given to the limited liability company, to obtain at the company'sexpense a copy of any operating agreement in record form. [L 1996, c 92, pt of§1]