N.D. Cent. Code § 10-33-80

This is the official text of N.D. Cent. Code § 10-33-80, part of North Dakota’s Cent. Code — part of the compiled statutory law of North Dakota, published by the state as "Cent. Code." Browse the sections below, each linked to its official government source.

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10-33-80. Books and records - Financial statement

Official statutory text

10-33-80. Books and records - Financial statement

1. A corporation shall keep at its principal executive office correct and complete copies of

its articles and bylaws, accounting records, voting agreements, and minutes of

meetings of members, board of directors, and committees having any of the authority

of the board of directors for the last six years.

2. A member or a director, or the agent or attorney of a member or a director, may

inspect all records referred to in subsection 1 or 3 for any proper purpose at any

reasonable time. A proper purpose is one reasonably related to the interest of the

person as a member or director of the corporation.

3. Upon request, a corporation shall give the member or the director a statement showing

the financial result of all operations and transactions affecting income and surplus

during its last annual accounting period and a balance sheet containing a summary of

its assets and liabilities as of the closing date of the accounting period.

4. A member or director who has gained access under this section to any corporate

record may not use or furnish to another for use the corporate record or a portion of

the contents for any purpose other than a proper purpose. Upon application of the

corporation, a court may issue a protective order or order other relief as may be

necessary to enforce the provisions of this subsection.

5. The corporation may charge the requesting party a reasonable fee to cover the

expenses of providing copies of records under this section.

6. The records maintained by a corporation may use any information storage technique,

even though the technique makes them illegible visually, if the records can be

converted accurately and within a reasonable time into a form that is legible visually

and whose contents are assembled by related subject matter to permit convenient use

by people in the normal course of business. A corporation shall convert any of the

records referred to in subsection 1 or 3 upon the request of a person entitled to inspect

them with the expense of the conversion being borne by the person who bears the

expense of copying under subsection 5. A copy of the conversion is admissible in

evidence, and must be accepted for all other purposes, to the same extent as the

existing or original records would be if they were legible visually.

7. A member or a director who is wrongfully denied access to or copies of records under

this section may bring an action for injunctive relief, damages, and costs and

reasonable attorney's fees.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.