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NORTH CAROLINA STATUTES AND CODES

§ 55-16-01. Corporate records.

Article16.

Records and Reports.

Part 1.  Records.

§ 55‑16‑01. Corporate records.

(a)        A corporation shallkeep as permanent records minutes of all meetings of its incorporators,shareholders and board of directors, a record of all actions taken by the shareholdersor board of directors without a meeting, and a record of all actions taken by acommittee of the board of directors in place of the board of directors onbehalf of the corporation.

(b)        A corporation shallmaintain appropriate accounting records.

(c)        A corporation orits agent shall maintain a record of its shareholders, in a form that permitspreparation of a list of the names and addresses of all shareholders, inalphabetical order by class of shares showing the number and class of sharesheld by each.

(d)        A corporation shallmaintain its records in written form or in another form capable of conversioninto written form within a reasonable time.

(e)        A corporation shallkeep a copy of the following records at its principal office:

(1)        Its articles orrestated articles of incorporation and all amendments to them currently ineffect;

(2)        Its bylaws orrestated bylaws and all amendments to them currently in effect;

(3)        Resolutions adoptedby its board of directors creating one or more classes or series of shares, andfixing their relative rights, preferences, and limitations, if shares issuedpursuant to those resolutions are outstanding;

(4)        The minutes of allshareholders' meetings, and records of all action taken by shareholders withouta meeting, for the past three years;

(5)        All writtencommunications to shareholders generally within the past three years and thefinancial statements required to be made available to the shareholders for thepast three years under G.S. 55‑16‑20;

(6)        A list of the namesand business addresses of its current directors and officers; and

(7)        Its most recentannual report delivered as required by G.S. 55‑16‑22. (1901,c. 2, ss. 38, 45; Rev., ss. 1180, 1181; C.S., s. 1170; G.S., s. 55‑107;1955, c. 1371, s. 1; 1969, c. 751, s. 14; 1989, c. 265, s. 1; 1997‑475,s. 6.6.)

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