[§421I-6]  Documents of the corporation. (a)  Upon approval by the board of directors of the corporation's most currentfinancial statement and the minutes of the most recent board of directors'meeting, the statement and the minutes shall be available for examination byany shareholder at no cost or on twenty-four hour loan, at convenient hours anda convenient location designated by the board of directors.

(b)  Upon approval by the board of directors ofthe minutes of other meetings of the board of directors and the meetings of thecorporation for the current and prior year, the minutes  shall be available forexamination by shareholders at convenient hours and a convenient locationdesignated by the board.  Copies of meeting minutes shall be provided to anyshareholder upon the shareholder's request, if the shareholder pays areasonable fee for duplicating, postage, stationery, and other administrativecosts associated with handling the request.

(c)  Financial statements, general ledgers,accounts receivable ledgers, accounts payable ledgers, check ledgers, insurancepolicies, contracts, invoices of the corporation for the current and prioryear, and any documents regarding delinquencies of ninety days or more shall beavailable for examination by shareholders at no cost and at convenient hours ata place designated by the board; provided that shareholders shall pay foradministrative costs associated with examinations in excess of eight hours peryear.

The board may require shareholders to furnishthe corporation with an affidavit stating that the information is requested ingood faith for the protection of the interests of the corporation, itsshareholders, or both.

Copies of these items shall be provided to anyshareholder upon the shareholder's request, if the shareholder pays areasonable fee for duplicating, postage, stationery, and other administrativecosts associated with handling the request.

(d)  Shareholders may view proxies, tallysheets, ballots, shareholders' check-in lists, and the certificate of electionfor a period of thirty days following any corporation meeting; provided thatshareholders shall pay for administrative costs in excess of eight hours peryear.

The board may require shareholders to furnishto the corporation an affidavit stating that the information is requested ingood faith for the protection of the interest of the corporation, itsshareholders, or both.

Proxies and ballots may be destroyed followingthe thirty-day period.  Copies of tally sheets, shareholders' check-in lists,and the certificates of election from the most recent corporation meeting shallbe provided to any shareholder upon the shareholder's request, if theshareholder pays a reasonable fee for duplicating, postage, stationery, andother administrative costs associated with handling the request.

(e)  Shareholders may file a written requestwith the board of directors to examine other documents.  The board shall givewritten authorization or written refusal with an explanation of the refusalwithin thirty calendar days of receipt of the request. [L 1993, c 282, pt of§1]