101.502 – RIGHT TO EXAMINE RECORDS. (a) A member of a
Texas Business Organizations Code § 101.502
Summary
This law grants members and assignees of a limited liability company the right to examine and copy company records. They must provide a written demand stating a proper purpose to access these records at a reasonable time and location approved by the company.
Members and assignees can request to examine company records.
A written demand stating a proper purpose is required.
Access must occur at a reasonable time and approved location.
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In simple terms: Learn about Texas's RIGHT TO EXAMINE RECORDS. (a) A member of a law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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