15-2-124. SHAREHOLDER’S RIGHT TO INSPECT RECORDS.

1. A corporation shall keep at least the following records:
   1. Minutes of all shareholders’ meetings and board of director’s meetings;
   2. Appropriate accounting records;
   3. Names and addresses of all shareholders and the number and class of shares held;
   4. Current articles of incorporation, bylaws and shareholders’ agreements described in Section 123;
   5. Resolutions adopted by the board of directors.
2. Upon five days written notice, a shareholder of the corporation is entitled to inspect and copy the records referred to in subsection (a) above, subject to the following requirements:
   1. The shareholder’s demand must be made in good faith and for a proper purpose;
   2. The shareholder must describe with reasonable particularity his or her purpose and the records he or she desires to inspect;
   3. The records must be directly connected with his or her purpose;
   4. The corporation may impose a reasonable charge covering the cost of labor and materials for copies of documents made for the shareholder; provided, however, that the charge may not exceed any estimates of such costs provided to the shareholder.
3. A shareholder’s agent or attorney as the same inspection and copying rights as the shareholder he or she represents.
4. A corporation may take reasonable steps to prevent the dissemination of trade secrets, proprietary information or other commercially-sensitive information to persons other than shareholders.