Okla. Stat. tit. 18, § 18-441-505: Right of member and former member to information

RIGHT OF MEMBER AND FORMER MEMBER TO INFORMATION.

(a) Not later than ten (10) business days after receipt of a

demand made in a record, a limited cooperative association shall

permit a member to obtain, inspect, and copy in the association’s

principal office required information listed in paragraphs (1)

through (8) of subsection (a) of Section 14 of this act during

regular business hours. A member need not have any particular

purpose for seeking the information. The association is not

required to provide the same information listed in paragraphs (2)

through (8) of subsection (a) of Section 14 of this act to the same

member more than once during a six-month period.

(b) On demand made in a record received by the limited

cooperative association, a member may obtain, inspect, and copy in

the association’s principal office required information listed in

paragraphs (9), (10), (12), (13), (16) and (18) of subsection (a) of

Section 14 of this act during regular business hours, if:

(1) The member seeks the information in good faith and for a

proper purpose reasonably related to the member’s interest;

(2) The demand includes a description with reasonable

particularity of the information sought and the purpose for seeking

the information;

(3) The information sought is directly connected to the

member’s purpose; and

(4) The demand is reasonable.

(c) Not later than ten (10) business days after receipt of a

demand pursuant to subsection (b) of this section, a limited

cooperative association shall provide, in a record, the following

information to the member that made the demand:

(1) If the association agrees to provide the demanded

information:

(A) what information the association will provide in

response to the demand; and

(B) a reasonable time and place at which the association

will provide the information; or

(2) If the association declines to provide some or all of the

demanded information, the association’s reasons for declining.

(d) A person dissociated as a member may obtain, inspect, and

copy information available to a member under subsection (a) or (b)

of this section by delivering a demand in a record to the limited

cooperative association in the same manner and subject to the same

conditions applicable to a member under subsection (b) of this

section if:

(1) The information pertains to the period during which the

person was a member in the association; and

(2) The person seeks the information in good faith.

(e) A limited cooperative association shall respond to a demand

made pursuant to subsection (d) of this section in the manner

provided in subsection (c) of this section.

(f) Not later than ten (10) business days after receipt by a

limited cooperative association of a demand made by a member in a

record, but not more often than once in a six-month period, the

association shall deliver to the member a record stating the

information with respect to the member required by paragraph (17) of

subsection (a) of Section 14 of this act.

(g) A limited cooperative association may impose reasonable

restrictions, including nondisclosure restrictions, on the use of

information obtained under this section. In a dispute concerning

the reasonableness of a restriction under this subsection, the

association has the burden of proving reasonableness.

(h) A limited cooperative association may charge a person that

makes a demand under this section reasonable costs of copying,

limited to the costs of labor and material.

(i) A person that may obtain information under this section may

obtain the information through an attorney or other agent. A

restriction imposed on the person under subsection (g) of this

section or by the organic rules applies to the attorney or other

agent.

(j) The rights stated in this section do not extend to a person

as transferee.

.

(i) A person that may obtain information under this section may

obtain the information through an attorney or other agent. A

restriction imposed on the person under subsection (g) of this

section or by the organic rules applies to the attorney or other

agent.

(j) The rights stated in this section do not extend to a person

as transferee.

(k) The organic rules may require a limited cooperative

association to provide more information than required by this

section and may establish conditions and procedures for providing

the information.