Texas Business Organizations Code - Section 3.152. Governing Person's Right Of Inspection.
Legal Research Home >
Texas Lawyer > Business Organizations Code > Texas Business Organizations Code - Section 3.152. Governing Person's Right Of Inspection.
§ 3.152. GOVERNING PERSON'S RIGHT OF INSPECTION.. (a) A
governing person of a filing entity may examine the entity's books
and records maintained under Section 3.151 and other books and
records of the entity for a purpose reasonably related to the
governing person's service as a governing person.
(b) A court may require a filing entity to open the books and
records of the filing entity, including the books and records
maintained under Section 3.151, to permit a governing person to
inspect, make copies of, or take extracts from the books and records
on a showing by the governing person that:
(1) the person is a governing person of the entity;
(2) the person demanded to inspect the entity's books
and records;
(3) the person's purpose for inspecting the entity's
books and records is reasonably related to the person's service as a
governing person; and
(4) the entity refused the person's good faith demand
to inspect the books and records.
(c) A court may award a governing person attorney's fees and
any other proper relief in a suit to require a filing entity to open
its books and records under Subsection (b).
(d) This section does not apply to limited partnerships.
Section 153.552 applies to limited partnerships.
Acts 2003, 78th Leg., ch. 182, § 1, eff. Jan. 1, 2006.
Section: 3.063 3.101 3.102 3.103 3.104 3.105 3.151 3.152 3.153 3.201 3.202 3.203 3.204 3.205 4.001
Last modified: August 11, 2007
|
