Required Books and Records
9.01 The Corporation shall keep correct and complete books and records of each account. The Corporation's books and records shall include: (a) A file-endorsed copy of all documents filed with the Texas Secretary of State relating to the Corporation, including, but not limited to, the Articles of Incorporation, and any Articles of Amendment, Restated Articles, Articles of Merger, Articles of Consolidation, and Statement of Change of Registered Office or Registered Agent.
(b) A copy of the By-Laws, and any amended versions or amendments to the By-Laws.
(c) Minutes of the proceedings of the members, Board, and committees having any of the authority of the Board.
(d) A list of the names and addresses of the members, Directors, Officers, and - any committee members of the Corporation.
(e) A financial statement showing the assets, liabilities, and net worth of the Corporation at the end of the three most recent fiscal years.
(f) A financial statement showing the income and expenses of the Corporation for the three most recent fiscal years.
(g) All rulings, letters, and other documents relating to the Corporation's federal, state, and local tax status.
(h) The Corporation's federal, state, and local information or income tax returns for each of the Corporation's three most recent tax years.
Inspection and Copying
9.02 Any member, Director, Officer, or committee member of the Corporation may inspect and receive copies of all books and records of the Corporation required to be kept by the By-Laws. Such a person may inspect or receive copies if the person has a proper purpose related to the person's interest in the Corporation and if the person submits a request in writing. Any person entitled to inspect and copy the Corporation's books and records may do so through his or her attorney or other duly authorized representative. A person entitled to inspect a Corporation's books and records may do so at a reasonable time no later than five (5) working days after the Corporation's receipt of a proper written request. The Board may-establish reasonable fees for the copying the Corporation's books and records by members. The Corporation shall provide requested copies of books or records no later than five (5) working days after the Corporation's receipt of a proper written request. Audits
9.03 Any member shall have the right to have an audit conducted of the Corporation's books. The member requesting the audit shall bear the expense of the audit unless the members vote to authorize payment of audit expenses. The member requesting the audit may select the accounting firm to conduct the audit. A member may not exercise these rights to compel audits so as to subject the Corporation to an audit more than once in any fiscal year.
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