(a) A member of the cooperative is entitled to inspect and copy, during regular business hours at the cooperative’s principal executive office, any of the records of the cooperative described in § 43-38-118, if the member gives the cooperative written notice of the demand at least five (5) business days before the date on which the member wishes to inspect and copy.
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Terms Used In Tennessee Code 43-38-530

  • Bylaws: means a written agreement described in §. See Tennessee Code 43-38-103
  • Cooperative: means an association organized under this title conducting business on a cooperative plan as provided under this chapter. See Tennessee Code 43-38-103
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Member: means a person or entity reflected on the books of the cooperative as the owner of governance rights of a membership interest of the cooperative and includes patron and nonpatron members. See Tennessee Code 43-38-103
  • written: includes printing, typewriting, engraving, lithography, and any other mode of representing words and letters. See Tennessee Code 1-3-105
(b) The right of inspection granted by this section may not be abolished or limited by a cooperative’s articles or bylaws.
(c) This section does not affect:

(1) The right of a member to inspect records, if the member is in litigation with the cooperative, to the same extent as any other litigant; or
(2) The power of a court to compel the production of records for examination.
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