Common use of Records, Audits and Reports Clause in Contracts

Records, Audits and Reports. At the expense of the Company, the Managers shall maintain records and accounts of all operations and expenditures of the Company. Each Member, and duly authorized representative of such Member, to the extent required by the Georgia Act or upon reasonable request, shall have access to the books and records at the location where such books and records are maintained and shall further have the right to inspect and copy such records, at the Member’s own expense, during normal business hours. The Company shall keep at its principal place of business the following records: (a) A current list of the full name and last known address of each Member, Manager and Economic Interest Owner; (b) Copies of records to enable a Member to determine such Member’s relative voting rights, if any; (c) A copy of the Articles of Organization of the Company and all amendments thereto; (d) Copies of the Company’s federal, state, and local income tax returns and reports, if any, for the three (3) most recent Fiscal Years; (e) Copies of this Agreement, together with any amendments thereto; (f) Copies of any financial statements of the Company for the three (3) most recent Fiscal Years.

Appears in 7 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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