47-1A-101      Short title.

47-1A-120      Requirements for documents.
47-1A-120.1      Terms of plan or filed document dependent on extrinsic facts--Applicable provisions.
47-1A-120.2      Provision of filed document dependent on extrinsic fact but fact not ascertainable by reference or shareholders not noticed of fact--Article of amendment.
47-1A-120.3      Dependency on extrinsic facts prohibited for specified provisions of plan or filed document.
47-1A-121      Forms.
47-1A-122      Fees for filing and service.
47-1A-122.1      Copying and certification fees.
47-1A-123      Effective time and date of document--Exceptions.
47-1A-123.1      Delayed effective time and date of document.
47-1A-124      Correction filed document--Circumstances when allowed.
47-1A-124.1      Correction of filed document--Procedure.
47-1A-124.2      Articles of correction--Effective date.
47-1A-125      Filing duty of Office of Secretary of State.
47-1A-126      Appeal from Office of Secretary of State's refusal to file document.
47-1A-127      Evidentiary effect of copy of filed document.
47-1A-128      Certificate of existence.
47-1A-129      Penalty for signing false document.


47-1A-140      Chapter definitions.
47-1A-141      Type of notice--Written or oral.
47-1A-141.1      Method of notice.
47-1A-141.2      Effective date of written notice by domestic or foreign corporation to shareholder.
47-1A-141.3      Address of written notice.
47-1A-141.4      Effective date of written notice--Exception.
47-1A-141.5      Notice requirements governing particular circumstances.
47-1A-142      Number of shareholders.

47-1A-201      Incorporators.
47-1A-202      Articles of incorporation--Required provisions.
47-1A-202.1      Articles of incorporation--Optional provisions.
47-1A-202.2      Articles of incorporation--Corporate powers.
47-1A-202.3      Articles of incorporation--Extrinsic facts.
47-1A-203      Incorporation.
47-1A-204      Liability for pre-incorporation transactions.
47-1A-205      Organization of corporation.
47-1A-206      Bylaws.
47-1A-207      Emergency bylaws.

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47-1A-301      Purposes.
47-1A-302      General powers.
47-1A-303      Emergency powers.
47-1A-304      Ultra vires.

47-1A-401      Corporate name--Use of particular words--Purpose.
47-1A-401.1      Corporate name--Distinguishable from specified names--Exceptions.
47-1A-401.2      Corporate name--Application to use name not distinguishable from specified names--Authorization.
47-1A-401.3      Corporate name--Use of name upon merger, reorganization, or acquisition of assets.
47-1A-402      Reserved name.
47-1A-403      Foreign corporation--Registration of corporate name.
47-1A-403.1      Foreign corporation--Renewal of registration of corporate name.
47-1A-403.2      Foreign corporation--Qualification under registered name--Use of name by another--Termination.

47-1A-501 to 47-1A-504. Repealed.


47-1A-601      Authorized shares in articles of incorporation--Class or series--Terms.
47-1A-601.1      Classes or series of shares articles of incorporation required to authorize.
47-1A-601.2      Classes or series of shares articles of incorporation may authorize.
47-1A-602      Classification or reclassification of unissued shares determined by board of directors.
47-1A-602.1      Terms of class or series determined by board of directors.
47-1A-603      Issuance of shares--Outstanding until reacquired, redeemed, converted, or cancelled.
47-1A-603.1      Outstanding shares--Shares with unlimited voting rights and entitled to receipt of net assets upon dissolution required.
47-1A-604      Fractional shares--Scrip.
47-1A-604.1      Scrip--Label on certificate--Information.
47-1A-604.2      Rights of holder of fractional share--Scrip.
47-1A-604.3      Issuance of script--Authorization by board of directors--Conditions.

47-1A-620      Subscription for shares before incorporation.
47-1A-621      Issuance of shares by board of directors--Powers reserved to shareholders.
47-1A-621.1      Issuance of shares requiring approval of shareholders.
47-1A-622      Liability of shareholders.
47-1A-623      Share dividends.
47-1A-624      Share options.
47-1A-625      Form and content of certificates generally.
47-1A-625.1      Certificate requirements when corporation authorized to issue different classes of shares or different series within a class.
47-1A-625.2      Signatures on certificate--Seal.
47-1A-626      Shares without certificates.
47-1A-627      Restriction on transfer of shares or registration of transfer of shares in articles, bylaws, or agreements--Effect on shares.
47-1A-627.1      Purposes for which restriction on transfer of shares and registration of transfer of shares authorized--Validity and enforceability of restriction.
47-1A-627.2      Terms of restriction on transfer or registration of transfer of shares.
47-1A-628      Expense of issue.
CORPORATION.
47-1A-630      Shareholders' preemptive rights.
47-1A-631      Corporation's acquisition of its own shares.

47-1A-640      Distributions to shareholders authorized--Distribution entitlement date.
47-1A-640.1      Distribution to shareholders prohibited if certain financial conditions result.
47-1A-640.2      Factors used to measure effect of distribution.
47-1A-640.3      Indebtedness to shareholder by reason of distribution at parity with indebtedness to general unsecured creditor.
47-1A-640.4      Indebtedness of corporation for purposes of determinations under § 47-1A-640.1.
47-1A-640.5      Application of provisions in §§ 47-1A-640 to 47-1A-640.4.


47-1A-701      Annual meeting.
47-1A-702      Special meeting.
47-1A-703      Court-ordered meeting.
47-1A-704      Action without meeting.
47-1A-704.1      Notice to nonvoting shareholders of action to be taken by unanimous consent of voting shareholders.
47-1A-705      Notice of meeting.
47-1A-706      Waiver of notice.
47-1A-707      Record date.
47-1A-708      Conduct of the meeting.

47-1A-720      Shareholders' list for meeting.
47-1A-721      Voting entitlement of shares.
47-1A-721.1      Limitation on voting entitlement of shares when owned by a second corporation--Shares held in fiduciary capacity.
47-1A-721.2      Voting entitlement of redeemable shares.
47-1A-722      Voting shares in person or by proxy--Appointment of proxy.
47-1A-722.1      Effective date and duration of appointment of proxy.
47-1A-722.2      Appointment of proxy revocable--Exception.
47-1A-722.3      Death or incapacity of shareholder appointing proxy.
47-1A-722.4      Transferee for value of shares subject to irrevocable appointment of proxy--Revocation.
47-1A-722.5      Acceptance of proxy's vote or other action--Limitations.
47-1A-723      Shares held by nominees.
47-1A-724      Corporation's acceptance of votes.
47-1A-724.1      Corporation's rejection of votes--Liability for acceptance or rejection--Validity of corporate action.
47-1A-725      Quorum and voting requirements for voting groups.
47-1A-726      Action by single and multiple voting groups.
47-1A-727      Greater quorum or voting requirements.
47-1A-728      Cumulative voting for directors.
47-1A-729      Inspectors of election.

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47-1A-730      Voting trusts--Creation--Effective date and duration.
47-1A-730.1      Extension of voting trust for additional terms--Agreement.
47-1A-731      Voting agreements.
47-1A-732      Shareholder agreements--Effectiveness.
47-1A-732.1      Form, approval, amendment, and term of shareholder agreements.
47-1A-732.2      Existence of agreement to be noted on certificate--Right of rescission on purchase of shares without notice of agreement.
47-1A-732.3      Limitations on effectiveness of agreement--Amendment to articles of incorporation or bylaws.
47-1A-732.4      Liability of directors limited to extent discretion or powers limited by agreement.
47-1A-732.5      Agreement not grounds for imposition of personal liability on shareholder for acts or debts of corporation.
47-1A-732.6      Incorporators or subscribers for shares to act as shareholders with respect to agreement.

47-1A-740      Subpart definitions.
47-1A-741      Standing.
47-1A-742      Demand.
47-1A-743      Stay of proceedings.
47-1A-744      Dismissal upon determination that maintenance of proceeding not in best interests of corporation.
47-1A-744.1      Groups authorized to make determination that maintenance of proceeding not in best interest of corporation.
47-1A-744.2      Factors not pertinent to determining independence of directors.
47-1A-744.3      Proceeding commenced after rejection of shareholder demand--Complaint requirements.
47-1A-744.4      Burden of proof dependent on whether or not board consists of independent directors.
47-1A-744.5      Appointment of panel to make determination--Burden of proof.
47-1A-745      Discontinuance or settlement.
47-1A-746      Payment of expenses.
47-1A-747      Applicability to foreign corporations.


47-1A-801      Requirement for and duties of board of directors.
47-1A-802      Qualifications of directors.
47-1A-803      Number and election of directors.
47-1A-804      Election of directors by certain classes of shareholders.
47-1A-805      Terms of directors generally.
47-1A-806      Staggered terms for directors.
47-1A-807      Resignation of directors.
47-1A-808      Removal of directors by shareholders.
47-1A-809      Removal of directors by judicial proceeding.
47-1A-810      Vacancy on board.
47-1A-811      Compensation of directors.

47-1A-820      Meetings.
47-1A-821      Action without meeting.

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47-1A-822      Notice of meeting.
47-1A-823      Waiver of notice.
47-1A-824      Quorum and voting.
47-1A-824.1      Director presence assent to action taken--Exceptions.
47-1A-825      Committees--Creation--Appointment of members.
47-1A-825.1      Powers of committees.
47-1A-825.2      Acts relating to committees not compliance by director with standards of conduct.
47-1A-825.3      Absent or disqualified committee member--Appointment of alternate member.

47-1A-830      Standards of conduct for directors.
47-1A-830.1      Director reliance on performance or information supplied by specified persons.
47-1A-831      Standards of liability for directors.
47-1A-831.1      Specific burdens when seeking specified money damages or payment.
47-1A-831.2      Limitations on the effect of §§ 47-1A-831 and 47-1A-831.1.
47-1A-832      Reserved.
47-1A-833      Directors' liability for unlawful distributions.
47-1A-833.1      Contribution or recoupment--Limitation of action.

47-1A-840      Officers.
47-1A-841      Duties of officers.
47-1A-842      Standards of conduct for officers.
47-1A-842.1      Reliance on performance of or information supplied by specified persons authorized in discharge of duties.
47-1A-842.2      Liability of officer.
47-1A-843      Resignation and removal of officers.
47-1A-844      Contract rights of officers.

47-1A-850      Subpart definitions.
47-1A-851      Permissible indemnification.
47-1A-851.1      Prohibited indemnification--Exception.
47-1A-852      Mandatory indemnification.
47-1A-853      Advance for expenses.
47-1A-853.1      Authorizations under § 47-1A-853--Board of directors or shareholders.
47-1A-854      Court-ordered indemnification and advance for expenses.
47-1A-855      Determination and authorization of indemnification.
47-1A-856      Indemnification of officers.
47-1A-857      Insurance.
47-1A-858      Variation by corporate action--Application of subpart.
47-1A-859      Exclusivity of subpart.

47-1A-860      Subpart definitions.
47-1A-861      Judicial action--Transaction other than director's conflicting interest transaction.
47-1A-861.1      Judicial action--Director's conflicting interest transaction.
47-1A-862      Directors' action respecting transaction--Effectiveness.
47-1A-862.1      Sufficiency of director disclosure.
47-1A-862.2      Quorum of qualified directors.

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47-1A-862.3      Qualified director defined.
47-1A-863      Shareholders' action respecting transaction--Effectiveness.
47-1A-863.1      Quorum of qualified shareholders.
47-1A-863.2      Notice by director of all shares beneficially owned or voting of which is controlled by director or relative.
47-1A-863.3      Court authority upon failure of shareholder vote to comply with § 47-1A-863.


47-1A-901      Excluded transactions.
47-1A-902      Required approvals.

47-1A-920      Domestication--Foreign business corporation to be domestic business corporation.
47-1A-920.1      Domestication--Domestic business corporation to be foreign business corporation.
47-1A-920.2      Plan of domestication--Content.
47-1A-920.3      Plan of domestication--Amendments.
47-1A-920.4      Terms of plan of domestication dependent on extrinsic facts.
47-1A-920.5      Evidence of indebtedness or contract with merger provision containing not reference to domestication--Provision application to domestication.
47-1A-921      Action on a plan of domestication.
47-1A-921.1      Articles of domestication--Content.
47-1A-921.2      Articles of domestication--Filing and effectiveness.
47-1A-921.3      Certificate of authority to transact business by foreign corporation cancelled upon domestication.
47-1A-922      Articles of domestication--Execution--Content.
47-1A-922.1      Articles of charter surrender--Filing and effectiveness.
47-1A-923      Surrender of charter upon domestication.
47-1A-924      Effect of domestication.
47-1A-924.1      Effect of domestication of domestic business corporation in foreign jurisdiction.
47-1A-924.2      Owner liability of shareholder in domesticated foreign corporation.
47-1A-924.3      Owner liability only for debts arising after effective time of articles of domestication.
47-1A-925      Abandonment of a domestication of domestic business corporation.
47-1A-925.1      Abandonment of domestication of foreign business corporation.

47-1A-950      Domestic business corporation to become domestic unincorporated entity.
47-1A-950.1      Domestic business corporation to become foreign unincorporated foreign unincorporated entity.
47-1A-950.2      Domestic unincorporated entity to become domestic business corporation.
47-1A-950.3      Foreign unincorporated entity to become domestic business corporation.
47-1A-950.4      Evidence of indebtedness or contract applying to merger containing no reference to entity conversion--Provision application to entity conversion.
47-1A-950.5      Definition of terms applying to §§ 47-1A-950 to 47-1A-956.
47-1A-951      Plan of entity conversion--Content.
47-1A-951.1      Plan of entity conversion--Amendments.
47-1A-951.2      Terms of plan of entity conversion dependent on extrinsic facts.
47-1A-952      Action on a plan of entity conversion.

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47-1A-953      Domestic business corporation converted to domestic unincorporated entity--Articles of entity conversion--Content.
47-1A-953.1      Domestic unincorporated entity converted to domestic business corporation--Articles of entity conversion--Content.
47-1A-953.2      Foreign unincorporated entity converted to domestic business corporation--Articles of entity conversion--Content.
47-1A-953.3      Articles of entity conversion--Filing and effectiveness--Cancellation of certificate of authority.
47-1A-954      Surrender of charter upon conversion.
47-1A-955      Effect of entity conversion.
47-1A-955.1      Effect of conversion of domestic business to a foreign other entity.
47-1A-955.2      Owner liability only for debts arising after effective time of articles of entity conversion.
47-1A-955.3      Owner liability of an interest holder in an unincorporated entity converted to domestic business corporation.
47-1A-956      Abandonment of an entity conversion.
47-1A-957      Cooperative converted to business corporation.


47-1A-1001      Authority to amend.
47-1A-1002      Amendment before issuance of shares.
47-1A-1003      Amendment by board of directors and shareholders.
47-1A-1004      Voting on amendments by voting groups.
47-1A-1005      Amendment by board of directors.
47-1A-1006      Articles of amendment.
47-1A-1007      Restated articles of incorporation--Adoption.
47-1A-1007.1      Restated articles of incorporation--Delivery to Office of Secretary of State.
47-1A-1007.2      Restated articles of incorporation--Certification as articles currently in effect.
47-1A-1008      Amendment pursuant to reorganization.
47-1A-1009      Effect of amendment.

47-1A-1020      Amendment by board of directors or shareholders.
47-1A-1021      Bylaw increasing quorum or voting requirement for directors.

47-1A-1101      Definitions.
47-1A-1102      Merger allowed generally.
47-1A-1102.1      Foreign business corporation or foreign eligible entities allowed to parties to merger.
47-1A-1102.2      Procedures for approval of merger if not in organic law of entity.
47-1A-1102.3      Plan of merger--Required content.
47-1A-1102.4      Plan of merger--Amendment.
47-1A-1102.5      Property held in trust or for charitable purposes--Disposition by court order.
47-1A-1103      Share exchange generally.
47-1A-1103.1      Foreign corporation or eligible party allowed to be party to share exchange.
47-1A-1103.2      Procedures for approval of share exchange if not in organic law of entity.
47-1A-1103.3      Plan of share exchange--Required content.
47-1A-1103.4      Plan of share exchange--Amendments.
47-1A-1103.5      Acquisition of shares in transactions other than share exchange.
47-1A-1104      Action on a plan of merger or share exchange.

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47-1A-1105      Merger between parent and subsidiary or between subsidiaries.
47-1A-1105.1      Parent corporation notice to subsidiary shareholders of merger effectiveness.
47-1A-1105.2      Provisions applicable to merger between parent and subsidiary.
47-1A-1106      Articles of merger or share exchange.
47-1A-1107      Effect of merger or share exchange.
47-1A-1107.1      Rights of shares of domestic corporation exchanged.
47-1A-1107.2      Owner liability only as in organic law and for debts arising after effective time of articles of merger or share exchange.
47-1A-1107.3      Effect of merger on surviving foreign corporation or foreign eligible entity.
47-1A-1107.4      Effect of merger or share exchange on owner liability of person who had owner liability for obligations of party to merger or share exchange.
47-1A-1108      Abandonment of a merger or share exchange.

47-1A-1201      Disposition of assets not requiring shareholder approval.
47-1A-1202      Shareholder approval of certain dispositions.
47-1A-1202.1      Resolution authorizing disposition--Recommendation and submission of resolution to shareholders--Conditions.
47-1A-1202.2      Meeting of shareholders to consider disposition--Notice.
47-1A-1202.3      Votes required for approval of disposition.
47-1A-1202.4      Abandonment of disposition.
47-1A-1202.5      Provisions not governing disposition of assets in course of dissolution.
47-1A-1202.6      Assets of direct or indirect consolidated subsidiary considered assets of parent corporation.


47-1A-1301      Definitions.
47-1A-1302      Right to appraisal.
47-1A-1302.1      Limitations on availability of appraisal rights.
47-1A-1302.2      Limits on or elimination of appraisal rights for preferred shares by articles of incorporation--Application.
47-1A-1302.3      Challenge of specified completed corporate actions--Limitation.
47-1A-1303      Assertion of appraisal rights by record shareholders for part of shares in name.
47-1A-1303.1      Assertion of appraisal rights of beneficial shareholder.

47-1A-1320      Notice of appraisal rights.
47-1A-1321      Notice of intent to demand payment.
47-1A-1322      Appraisal notice and form--Delivery to shareholders.
47-1A-1322.1      Appraisal notice and form--Time limits and content.
47-1A-1323      Perfection of rights--Right to withdraw.
47-1A-1323.1      Subsequent withdrawal from appraisal process.
47-1A-1323.2      Loss of payment upon failure to return form and deposit share certificates.
47-1A-1324      Payment for shares.
47-1A-1325      Withholding of payment for after-acquired shares.
47-1A-1325.1      Notice required upon withholding of payment for after-acquired shares.
47-1A-1325.2      Payment for shares upon shareholder acceptance of offer in notice.
47-1A-1325.3      Payment for shares of amount offered in notice to specified shareholders.
47-1A-1326      Procedure if shareholder dissatisfied with payment or offer.

47-1A-1330      Court action.

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47-1A-1330.1      Venue.
47-1A-1330.2      Parties--Service.
47-1A-1330.3      Jurisdiction--Appraisers--Discovery--Jury trial.
47-1A-1330.4      Judgment amount.
47-1A-1331      Court costs.
47-1A-1331.1      Counsel and expert fees and expenses.
47-1A-1331.2      Counsel fees to be paid by benefited shareholders.


47-1A-1401      Dissolution by incorporators or initial directors.
47-1A-1402      Proposal to dissolve by board of directors--Requirements for adoption.
47-1A-1402.1      Conditions for submission of proposal for dissolution.
47-1A-1402.2      Meeting of shareholders to consider dissolving corporation--Notice.
47-1A-1402.3      Votes required for adoption of proposal to dissolve.
47-1A-1403      Articles of dissolution--Content--Filing--Effective date.
47-1A-1403.1      Dissolved corporation defined.
47-1A-1404      Revocation of dissolution.
47-1A-1405      Effect of dissolution.
47-1A-1405.1      Limitations on effect of dissolution.
47-1A-1406      Known claims against dissolved corporation.
47-1A-1406.1      Bar on known claims against dissolved corporation.
47-1A-1406.2      Claim exclusions.
47-1A-1407      Other claims against dissolved corporation--Publication of notice of dissolution.
47-1A-1407.1      Time for bringing action to enforce claim against dissolved corporation after notice publication.
47-1A-1407.2      Enforcement of claims against dissolved corporations.
47-1A-1408      Court proceedings for determination of amount and form of security for contingent, unknown, or future claims.
47-1A-1408.1      Court-ordered security satisfaction for contingent, unknown, or future claims.
47-1A-1409      Director duties.

47-1A-1420      Grounds for administrative dissolution.
47-1A-1421      Procedure for and effect of administrative dissolution.
47-1A-1422      Reinstatement following administrative dissolution.
47-1A-1423      Appeal from denial of reinstatement.

47-1A-1430      Grounds for judicial dissolution.
47-1A-1431      Venue.
47-1A-1431.1      Shareholders as parties.
47-1A-1431.2      Authority of court until full hearing held.
47-1A-1431.3      Shareholder right to avoid dissolution by purchase of petitioner shares--Notice.
47-1A-1432      Receivership or custodianship.
47-1A-1433      Decree of dissolution.
47-1A-1434      Election to purchase in lieu of dissolution.
47-1A-1434.1      Filing deadline for election to purchase--Notice of right to participate in election--Participation.
47-1A-1434.2      Agreement on fair value and terms of purchase of shares.

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47-1A-1434.3      Court determination of fair value of shares when parties unable to reach agreement.
47-1A-1434.4      Order directing purchase of shares--Terms and conditions--Fees and expenses.
47-1A-1434.5      Dismissal of petition to dissolve corporation.
47-1A-1434.6      Time for purchase--Intent of corporation to adopt articles of dissolution--Dissolution--Fees and expenses--Claims.
47-1A-1434.7      Provisions applicable to payment by corporation pursuant to order to purchase shares.

47-1A-1440      Deposit with state treasurer.


47-1A-1501      Authority to transact business required.
47-1A-1502      Consequences of transacting business without authority.
47-1A-1502.1      Stay of proceeding until necessity for certificate of authority is determined and obtained.
47-1A-1502.2      Penalties for transacting business without certificate of authority--Collection.
47-1A-1503      Application for certificate of authority.
47-1A-1504      Amended certificate of authority.
47-1A-1505      Effect of certificate of authority.
47-1A-1506      Corporate name of foreign corporation--Use of particular words--Fictitious name.
47-1A-1506.1      Corporate name--Distinguishable from specified names.
47-1A-1506.2      Corporate name--Application to use name not distinguishable from specified names--Authorization.
47-1A-1506.3      Corporate name--Use of name upon merger, reorganization, or acquisition of assets.
47-1A-1506.4      Corporation prohibited from transacting business in state upon change to unauthorized name--Amended certificate of authority.
47-1A-1507 to 47-1A-1510. Repealed.

47-1A-1520      Withdrawal of foreign corporation.
47-1A-1521      Automatic withdrawal upon certain conversions.
47-1A-1522      Withdrawal upon conversion to a nonfiling entity.
47-1A-1523      Transfer of authority.

47-1A-1530      Grounds for revocation.
47-1A-1531      Procedure for and effect of revocation.
47-1A-1531.1      Revocation appoints Office of Secretary of State agent for service of process for corporation--Registered agent.
47-1A-1532      Appeal from revocation.


47-1A-1601      Corporate records--Requirements.
47-1A-1601.1      Corporate records--Copies at principal office.
47-1A-1602      Shareholder right to inspect and copy records specified in § 47-1A-1601.1.
47-1A-1602.1      Shareholder right to inspect and copy specified records--Prerequisites in § 47-1A-1602.2.

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47-1A-1602.2      Prerequisites to shareholder right to inspect and copy records specified in § 47-1A-1602.1.
47-1A-1602.3      Abolition or limitation of right of inspection prohibited--Application.
47-1A-1603      Scope of inspection right.
47-1A-1604      Court-ordered inspection of records specified in § 47-1A-1602.
47-1A-1604.1      Court-ordered inspection of other records.
47-1A-1604.2      Court-ordered inspection--Order to pays costs--Restrictions on use or distribution of records.
47-1A-1605      Inspection of records by directors.
47-1A-1605.1      Court-ordered inspection of records upon application of director.
47-1A-1605.2      Court-ordered inspection for director--Limitations--Costs.
47-1A-1606      Exception to notice requirement.

47-1A-1620      Financial statements for shareholders.
47-1A-1621 to 47-1A-1621.3. Repealed.

47-1A-1701      Application to existing domestic corporations.
47-1A-1702      Application to qualified foreign corporations.
47-1A-1703      Saving provisions.
47-1A-1703.1      Penalty imposition for violation of repealed statute.

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