(1) Subject to subsection (5) of this section and ORS 65.777 (3), a member is entitled to inspect and copy, at a reasonable time and location specified by the corporation, any of the records of the corporation described in ORS 65.771 (5) if the member gives the corporation written notice of the memberís demand at least five business days before the date on which the member wishes to inspect and copy.
(2) Subject to subsection (5) of this section, a member is entitled to inspect and copy, at a reasonable time and reasonable location specified by the corporation, any of the following records of the corporation if the member meets the requirements of subsection (3) of this section and gives the corporation written notice of the memberís demand at least five business days before the date on which the member wishes to inspect and copy:
(a) Excerpts from any records required to be maintained under ORS 65.771 (1), to the extent not subject to inspection under subsection (1) of this section;
(b) Accounting records of the corporation; and
(c) Subject to ORS 65.782, the membership list.
(3) A member may inspect and copy the records identified in subsection (2) of this section only if:
(a) The memberís demand is made in good faith and for a proper purpose;
(b) The member describes with reasonable particularity the purpose and the records the member desires to inspect; and
(c) The records are directly connected with this purpose.
(4) This section does not affect:
(a) The right of a member to inspect records under ORS 65.224 or, if the member is in litigation with the corporation, to the same extent as any other litigant; or
(b) The power of the court, independently of this chapter, to compel the production of corporate records for examination.
(5)(a) The articles or bylaws of a religious corporation may limit or abolish the right of a member under this section to inspect and copy any corporate record.
(b) The articles of a public benefit corporation organized primarily for political or social action, including but not limited to political or social advocacy, education, litigation or a combination thereof, may limit or abolish:
(A) The right of a member to obtain from the corporation information as to the identity of contributors to the corporation; and
(B) The right of a member or the memberís agent or attorney to inspect or copy the membership list if the corporation provides a reasonable means to mail communications to other members through the corporation at the expense of the member making the request. [1989 c.1010 §165]Section: Previous 65.741 65.744 65.747 65.751 65.754 65.757 65.771 65.774 65.777 65.781 65.782 65.784 65.787 65.800 65.803 Next
Last modified: August 7, 2008