{"data":{"id":"us-ut/utah-code-16-16-505","jurisdiction":"us-ut","citation":"Utah Code § 16-16-505","heading":"Right of member and former member to information.","body":"(1) Not later than 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 Subsections 16-16-114(1)(a) through (h) 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 Subsections 16-16-114(1)(b) through (h) to the same member more than once during a six-month period.\n(2) 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 Subsections 16-16-114(1)(i), (j), (l), (m), (p), and (r) during regular business hours, if:\n(a) the member seeks the information in good faith and for a proper purpose reasonably related to the member's interest;\n(b) the demand includes a description with reasonable particularity of the information sought and the purpose for seeking the information;\n(c) the information sought is directly connected to the member's purpose; and\n(d) the demand is reasonable.\n(3) Not later than 10 business days after receipt of a demand pursuant to Subsection (2), a limited cooperative association shall provide, in a record, the following information to the member that made the demand:\n(a) if the association agrees to provide the demanded information:\n(i) what information the association will provide in response to the demand; and\n(ii) a reasonable time and place at which the association will provide the information; or\n(b) if the association declines to provide some or all of the demanded information, the association's reasons for declining.\n(4) A person dissociated as a member may obtain, inspect, and copy information available to a member under Subsection (1) or (2) 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 (2) if:\n(a) the information pertains to the period during which the person was a member in the association; and\n(b) the person seeks the information in good faith.\n(5) A limited cooperative association shall respond to a demand made pursuant to Subsection (4) in the manner provided in Subsection (3).\n(6) Not later than 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 Subsection 16-16-114(1)(q).\n(7) 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 (7), the association has the burden of proving reasonableness.\n(8) 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.\n(9) 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 (7) or by the organic rules applies to the attorney or other agent.\n(10) The rights stated in this section do not extend to a person as transferee.\n(11) 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.","path":["Title 16 Corporations","Chapter 16-16 Uniform Limited Cooperative Association Act","Part 16-16-5 Members"],"source_url":"https://le.utah.gov/xcode/Title16/Chapter16/16-16-S505.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"21ad80f45ae0d58702b0254c22f699c507e400c62c653a561ded670a2dc3ee4e","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-16-16-504","next":"us-ut/utah-code-16-16-506"},"notice":"GroundRules: Original legal text. Not legal advice."}