Rhode Island General Laws
Chapter 7-16 - The Rhode Island Limited-Liability Company Act
Section 7-16-22. - Records and information.

§ 7-16-22. Records and information.
(a) Each limited-liability company shall keep at its principal office the following:
(1) A current list of the full name and last known business address of each member and manager;
(2) Copies of records that would enable a member to determine the capital values and the relative voting rights of the members;
(3) A copy of the articles of organization and any restatements of the articles and amendments;
(4) Executed copies of any powers of attorney pursuant to which any certificate has been executed;
(5) Copies of the limited-liability company’s federal, state and local income tax returns and reports, if any, for the five most recent years;
(6) A copy of any written operating agreement;
(7) Any written records of proceedings of the members or managers; and
(8) Copies of any financial statements of the limited-liability company for the five most recent years.
(b) A member may:
(1) At the member’s own expense, inspect and copy any limited-liability company records required to be kept under this section upon reasonable request during ordinary business hours; and
(2) Obtain from time to time, upon reasonable request, information regarding the state of the business and financial condition of the limited-liability company.
(c) The current list of names and addresses of the members shall be made available to the secretary of state, the director of the department of business regulation, or the attorney general, as applicable, within five (5) business days of receipt of a written request by the secretary, director, or attorney general stating that the information is required in connection with an investigatory or enforcement proceeding.
History of Section.P.L. 1992, ch. 280, § 1; P.L. 1997, ch. 188, § 5.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 7 - Corporations, Associations and Partnerships

Chapter 7-16 - The Rhode Island Limited-Liability Company Act

Section 7-16-1. - Short title.

Section 7-16-2. - Definitions.

Section 7-16-3. - Purpose and duration.

Section 7-16-3.1. - Professional services.

Section 7-16-3.2. - Liability in rendering professional services.

Section 7-16-3.3. - Insurance or financial responsibility of limited-liability company.

Section 7-16-4. - Powers.

Section 7-16-5. - Formation.

Section 7-16-5.1. - Conversion of certain entities to a limited-liability company.

Section 7-16-5.2. - Approval of conversion of a limited-liability company.

Section 7-16-5.3, 7-16-5.4. - [Repealed.]

Section 7-16-6. - Articles of organization.

Section 7-16-7. - Execution of articles.

Section 7-16-8. - Filing.

Section 7-16-9. - Name — Fictitious business names.

Section 7-16-10. - Reservation of name — Transfer of reserved name.

Section 7-16-11. - Resident agent.

Section 7-16-12. - Amendment and restatement of articles of organization.

Section 7-16-13. - Certificates of correction.

Section 7-16-14. - Management by members.

Section 7-16-15. - Managers.

Section 7-16-16. - Election and removal of managers.

Section 7-16-17. - Duties of managers.

Section 7-16-18. - Limitation of liability of managers.

Section 7-16-19. - Action by managers.

Section 7-16-20. - Agency power of managers.

Section 7-16-21. - Voting rights of members.

Section 7-16-22. - Records and information.

Section 7-16-23. - Liability of members and managers.

Section 7-16-24. - Contributions to capital.

Section 7-16-25. - Liability for contribution.

Section 7-16-26. - Sharing of profits and losses.

Section 7-16-27. - Sharing of distributions.

Section 7-16-28. - Interim distributions.

Section 7-16-29. - Distributions upon withdrawal.

Section 7-16-30. - Distribution in kind.

Section 7-16-31. - Restrictions on making distributions.

Section 7-16-32. - Liability upon wrongful distribution.

Section 7-16-33. - Right to distribution.

Section 7-16-34. - Nature of membership interest.

Section 7-16-35. - Assignment of membership interest.

Section 7-16-36. - Right of assignee to become a member.

Section 7-16-37. - Rights of judgment creditor.

Section 7-16-38. - Powers of estate of a member.

Section 7-16-39. - Dissolution.

Section 7-16-40. - Judicial dissolution.

Section 7-16-41. - Revocation of certificate of organization or certificate of registration.

Section 7-16-42. - Issuance of certificates of revocation.

Section 7-16-43. - Withdrawal of certificate of revocation.

Section 7-16-44. - Appeal from revocation of certificate of organization.

Section 7-16-45. - Winding up.

Section 7-16-46. - Distribution of assets.

Section 7-16-47. - Articles of dissolution.

Section 7-16-48. - Law governing foreign limited-liability companies.

Section 7-16-49. - Registration of foreign limited-liability company.

Section 7-16-50. - Issuance of registration of foreign limited-liability company.

Section 7-16-50.1. - Service of process on foreign limited-liability company.

Section 7-16-51. - Name registration by foreign limited-liability company.

Section 7-16-52. - Amendments to registration of foreign limited-liability company.

Section 7-16-52.1. - Foreign application for transfer of authority.

Section 7-16-53. - Cancellation of registration of foreign limited-liability company.

Section 7-16-54. - Transaction of business by foreign limited-liability company without registration.

Section 7-16-55. - Action to restrain foreign limited-liability company.

Section 7-16-56. - Right of member to bring derivative action.

Section 7-16-57. - Pleading in derivative action.

Section 7-16-58. - Expenses in derivative action.

Section 7-16-59. - Merger or consolidation.

Section 7-16-60. - Plan of merger or consolidation.

Section 7-16-61. - Approval of merger or consolidation.

Section 7-16-62. - Articles of merger or consolidation.

Section 7-16-63. - Effects of merger or consolidation.

Section 7-16-64. - Merger or consolidation with foreign entity.

Section 7-16-65. - Filing, service, and copying fees.

Section 7-16-66. - Annual report of domestic and foreign limited-liability companies.

Section 7-16-67. - Filing of returns with the tax administrator — Annual charge.

Section 7-16-67.1. - Revocation of articles or authority to transact business for nonpayment of fee.

Section 7-16-68. - Limited-liability company property.

Section 7-16-69. - Certificates and certified copies to be received in evidence.

Section 7-16-70. - Parties to actions.

Section 7-16-71. - Unauthorized assumption of powers.

Section 7-16-72. - Severability.

Section 7-16-73. - Construction with other laws.

Section 7-16-74. - Forms to be furnished by secretary of state.

Section 7-16-75. - Reservation of power.

Section 7-16-76. - Low-profit limited-liability company.