Utah Code 16-10a-1603. Scope of inspection right
Current as of: 2024 | Check for updates
|
Other versions
(1) A shareholder‘s or director’s agent or attorney has the same inspection and copying rights as the shareholder or director represented by the agent or attorney.
Terms Used In Utah Code 16-10a-1603
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Receive: when used in reference to receipt of a writing or other document by a domestic or foreign corporation, means the writing or other document is actually received by:(28)(a) the corporation at its:(28)(a)(i) registered office in this state; or(28)(a)(ii) principal office;(28)(b) the secretary of the corporation, wherever the secretary is found; or(28)(c) another person authorized by the bylaws or the board of directors to receive the writing or other document, wherever that person is found. See Utah Code 16-10a-102
- Shareholder: means :
(34)(a)(i) the person in whose name a share is registered in the records of a corporation; or(34)(a)(ii) the beneficial owner of a share to the extent recognized pursuant to Section 16-10a-723. See Utah Code 16-10a-102(2) The right to copy records under Section 16-10a-1602 includes, if reasonable, the right to receive copies made by photographic, xerographic, or other means.(3) Except as provided in Section 16-10a-1606, the corporation may impose a reasonable charge, payable in advance, covering the costs of labor and material, for copies of any documents to be provided to the shareholder or director. The charge may not exceed the estimated cost of production or reproduction of the records.(4) The corporation may comply with a shareholder’s or director’s demand to inspect the record of shareholders under Subsection 16-10a-1602(2)(c) by providing him with a list of the corporation’s shareholders that complies with Subsection 16-10a-1601(3) and was compiled no earlier than the date of the shareholder’s or director’s demand. - Shareholder: means :