{"data":{"id":"us-nc/n.c.-gen.-stat.-55a-16-02","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 55A-16-02","heading":"Inspection of records by members.","body":"(a)\tA 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 G.S. 55A-16-01(e) if the member gives the corporation written notice of his demand at least five business days before the date on which the member wishes to inspect and copy.\n(b)\tA 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 (c) of this section and gives the corporation written notice of his demand at least five business days before the date on which the member wishes to inspect and copy:\n(1)\tExcerpts from any records required to be maintained under G.S. 55A-16-01(a), to the extent not subject to inspection under G.S. 55A-16-02(a);\n(2)\tAccounting records of the corporation; and\n(3)\tSubject to G.S. 55A-16-05, the membership list.\n(c)\tA member may inspect and copy the records identified in subsection (b) of this section only if:\n(1)\tThe member's demand is made in good faith and for a proper purpose;\n(2)\tThe member describes with reasonable particularity the purpose and the records the member desires to inspect; and\n(3)\tThe records are directly connected with this purpose.\n(d)\tThis section does not affect:\n(1)\tThe right of a member to inspect records under G.S. 55A-7-20 or, if the member is in litigation with the corporation, to inspect the records to the same extent as any other litigant; or\n(2)\tThe power of a court, independently of this Chapter, to compel the production of corporate records for examination.\n(e)\tA member of a corporation that has the power to elect, appoint, or designate a majority of the directors of another domestic or foreign corporation, whether nonprofit or business, shall have inspection rights with respect to the records of that other corporation. (1955, c. 1230; 1985 (Reg. Sess., 1986), c. 801, s. 31; 1993, c. 398, s. 1.)","path":["Chapter 55A North Carolina Nonprofit Corporation Act.","Article 16. Records and Reports.","Part 1. Records."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_55A/GS_55A-16-02.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:06:02Z","sha256":"de4517d33b2d2db0c6c803f72a90e2f1a91b93f1c1d8f4bfd3833f4d9aa8e879","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-55a-16-01","next":"us-nc/n.c.-gen.-stat.-55a-16-03"},"notice":"GroundRules: Original legal text. Not legal advice."}
