(2) Subject to subsection (5) of this section, a member may 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 (3) of this section and gives the corporation written notice of the member’s demand at least five business days before the date on which the member wishes to inspect and copy:
(a) Excerpts from any records required to be maintained under ORS 65.771 (1), to the extent not subject to inspection under subsection (1) of this section;
(b) Accounting records of the corporation; and
(c) Subject to ORS 65.782, the membership list.
(3) A member may inspect and copy the records identified in subsection (2) of this section only if:
(a) The member’s demand is made in good faith and for a proper purpose;
(b) The member describes with reasonable particularity the purpose and the records the member desires to inspect; and
(c) The records are directly connected with this purpose.
(4) This section does not affect:
(a) The right of a member to inspect records under ORS 65.224 or, if the member is in litigation with the corporation, to the same extent as any other litigant; or
(b) The power of the court, independently of this chapter, to compel the production of corporate records for examination.
(5)(a) The articles of incorporation or bylaws of a religious corporation may limit or abolish the right of a member under this section to inspect and copy any corporate record.
(b) The articles of incorporation of a public benefit corporation organized primarily for political or social action, including but not limited to political or social advocacy, education, litigation or a combination thereof, may limit or abolish:
(A) The right of a member to obtain from the public benefit corporation information as to the identity of contributors to the public benefit corporation; and
(B) The right of a member or the member’s agent or attorney to inspect or copy the membership list if the public benefit corporation provides a reasonable means to mail communications to other members through the public benefit corporation at the expense of the member making the request. [1989 c.1010 §165; 2019 c.174 §108]
Structure 2021 Oregon Revised Statutes
Volume : 02 - Business Organizations, Commercial Code
Chapter 065 - Nonprofit Corporations
Section 65.004 - Filing requirements.
Section 65.011 - Effective time and date of document.
Section 65.014 - Correcting filed document.
Section 65.017 - Filing duty of Secretary of State.
Section 65.024 - Evidentiary effect of certified copy of filed document or secretary’s certificate.
Section 65.027 - Certificate of existence or authorization.
Section 65.036 - Private foundations.
Section 65.038 - Judicial relief.
Section 65.040 - Notice to Attorney General; effect of failure to notify.
Section 65.047 - Articles of incorporation.
Section 65.051 - Incorporation.
Section 65.057 - Organization of corporation.
Section 65.064 - Emergency bylaws and powers.
Section 65.067 - Corporation sole.
Section 65.077 - General powers.
Section 65.081 - Emergency powers.
Section 65.084 - Challenge of corporate authority; remedy.
Section 65.094 - Corporate name.
Section 65.097 - Reserved name.
Section 65.101 - Registered name.
Section 65.111 - Registered office and registered agent.
Section 65.114 - Change of registered office or registered agent.
Section 65.117 - Resignation of registered agent.
Section 65.144 - Rights and obligations of members.
Section 65.157 - Creditor’s action against member.
Section 65.167 - Termination, expulsion or suspension.
Section 65.171 - Acquiring memberships.
Section 65.174 - Derivative suits.
Section 65.201 - Annual and regular meetings.
Section 65.204 - Special meeting.
Section 65.205 - Participation in meeting by remote communication.
Section 65.207 - Court-ordered meeting; attorney fees.
Section 65.211 - Action without meeting.
Section 65.214 - Notice of meeting.
Section 65.217 - Waiver of notice.
Section 65.222 - Action by written ballot.
Section 65.224 - Members’ list for meeting; attorney fees.
Section 65.227 - Voting entitlement of members.
Section 65.237 - Corporation’s acceptance of votes.
Section 65.241 - Quorum requirements.
Section 65.244 - Voting requirements.
Section 65.247 - Cumulative voting for directors.
Section 65.251 - Other methods of electing directors.
Section 65.254 - Voting agreements.
Section 65.260 - Definitions for ORS 65.260 to 65.281.
Section 65.263 - Defective corporate action; ratification or validation; effective date.
Section 65.266 - Ratification by board of directors; procedure; submission to shareholders.
Section 65.269 - Quorum; notice to shareholders of proposed ratification.
Section 65.272 - Notice of ratification by board of directors.
Section 65.275 - Corrected corporate action; validity; effective date.
Section 65.278 - Articles of validation; filing with Secretary of State.
Section 65.281 - Judicial review of corporate action; persons permitted to seek review.
Section 65.301 - Requirement for and duties of board.
Section 65.307 - Number of directors.
Section 65.311 - Election, designation and appointment of directors.
Section 65.314 - Terms of directors generally.
Section 65.321 - Resignation of directors.
Section 65.324 - Removal of directors elected by members or directors.
Section 65.327 - Removal of directors by judicial proceeding.
Section 65.331 - Removal of designated or appointed directors.
Section 65.334 - Vacancy on board.
Section 65.337 - Regular and special meetings.
Section 65.341 - Action without meeting.
Section 65.344 - Call and notice of meetings.
Section 65.347 - Waiver of notice.
Section 65.351 - Quorum and voting.
Section 65.357 - General standards for directors.
Section 65.361 - Director conflict of interest.
Section 65.364 - Loans to or guarantees for directors and officers.
Section 65.367 - Liability for unlawful distributions.
Section 65.369 - Liability of qualified directors.
Section 65.371 - Required officers.
Section 65.377 - Standards of conduct for officers.
Section 65.381 - Resignation and removal of officers.
Section 65.384 - Contract rights of officers.
Section 65.387 - Definitions for ORS 65.387 to 65.414.
Section 65.391 - Authority to indemnify.
Section 65.397 - Advance for expenses.
Section 65.401 - Court-ordered indemnification.
Section 65.404 - Determination and authorization of indemnification.
Section 65.407 - Indemnification of officers, employees and agents.
Section 65.414 - Application of ORS 65.387 to 65.411.
Section 65.434 - Amendment by directors.
Section 65.437 - Amendment by board of directors and members.
Section 65.439 - Amendment of articles of incorporation of public benefit corporation.
Section 65.441 - Class voting by members on amendments.
Section 65.447 - Articles of amendment.
Section 65.451 - Restated articles of incorporation.
Section 65.454 - Amendment pursuant to court order.
Section 65.464 - Amendment by directors and members.
Section 65.481 - Approval of plan of merger.
Section 65.484 - Limitations on mergers by public benefit or religious corporations.
Section 65.487 - Action on plan of merger by board, members and third persons.
Section 65.491 - Articles and plan of merger.
Section 65.494 - Effect of merger.
Section 65.497 - Merger with foreign corporation.
Section 65.531 - Sale of assets in regular course of activities; mortgage of assets.
Section 65.534 - Sale of assets other than in regular course of activities.
Section 65.554 - Authorized distributions.
Section 65.621 - Dissolution by incorporators.
Section 65.624 - Dissolution by directors, members and third persons.
Section 65.631 - Articles of dissolution.
Section 65.634 - Revocation of dissolution.
Section 65.637 - Effect of dissolution.
Section 65.641 - Known claims against dissolved corporation.
Section 65.644 - Unknown claims against dissolved corporation.
Section 65.647 - Grounds for administrative dissolution.
Section 65.651 - Procedure for and effect of administrative dissolution.
Section 65.654 - Reinstatement following administrative dissolution.
Section 65.657 - Appeal from denial of reinstatement.
Section 65.661 - Grounds for judicial dissolution.
Section 65.664 - Procedure for judicial dissolution.
Section 65.667 - Receivership or custodianship.
Section 65.671 - Judgment of dissolution.
Section 65.701 - Authority to transact business required.
Section 65.704 - Consequences of transacting business without authority.
Section 65.707 - Application for authority to transact business.
Section 65.711 - Amendment to application for authority.
Section 65.714 - Effect of authority.
Section 65.717 - Corporate name of foreign corporation.
Section 65.721 - Registered office and registered agent of foreign corporation.
Section 65.724 - Change of registered office or registered agent of foreign corporation.
Section 65.727 - Resignation of registered agent of foreign corporation.
Section 65.734 - Withdrawal of foreign corporation.
Section 65.737 - Grounds for administrative revocation.
Section 65.741 - Procedure for and effect of administrative revocation.
Section 65.747 - Reinstatement following administrative revocation.
Section 65.751 - Grounds for judicial revocation.
Section 65.754 - Procedure for judicial revocation of authority.
Section 65.757 - Judgment of revocation.
Section 65.771 - Corporate records.
Section 65.774 - Inspection of records by members.
Section 65.777 - Scope of inspection right.
Section 65.781 - Court-ordered inspection; attorney fees.
Section 65.782 - Limitations on use of membership list.
Section 65.784 - Report to members and other persons of indemnification.
Section 65.787 - Annual report.
Section 65.800 - Definitions for ORS 65.803 to 65.815.
Section 65.805 - Notice to Attorney General; fee; trade secrets.
Section 65.807 - Public hearing; waiver; notice.
Section 65.809 - Time for Attorney General decision; nature of decision; appeal.
Section 65.811 - Disapproval of proposed transfer of assets.
Section 65.813 - Consultants; cost; rules; fee.
Section 65.957 - Application to existing domestic corporations; exemptions.
Section 65.964 - Saving provisions.