     (1) The officer or agent having charge of the stock transfer books for shares of a corporation shall make a complete list of the shareholders entitled to vote at a shareholders' meeting or any adjournment thereof. A list required by this subsection may consist of cards arranged alphabetically or any equipment which permits the visual display of the information required by this section. Such list shall

    (a) Be arranged alphabetically within each class, series, or group of shareholders maintained by the corporation for convenience of reference, with the address of, and the number of shares held by, each shareholder;

    (b) Be produced (or available by means of a visual display) at the time and place of the meeting;

    (c) Be subject to the inspection of any shareholder for reasonable periods during the meeting; and

    (d) Be prima facie evidence as to who are the shareholders entitled to examine such list or to vote at any meeting.

    (2) If the requirements of this section have not been complied with, the meeting shall, on the demand of any shareholder in person or by proxy, be adjourned until the requirements are complied with. Failure to comply with the requirements of this section shall not affect the validity of any action taken at such meeting prior to the making of any such demand.

    L.1968, c.350; amended 1973,c.366,s.14; 1988,c.94,s.17.

Last modified: October 21, 2006