2009 Connecticut Code
Title 33 Corporations
Chapter 601 Business Corporations
Sec. 33-947. Scope of inspection right.

      Sec. 33-947. Scope of inspection right. (a) A shareholder's agent or attorney has the same inspection and copying rights as the shareholder represented.

      (b) The right to copy records under section 33-946 includes, if reasonable, the right to receive copies by xerographic or other means, including copies through an electronic transmission if available and so requested by the shareholder.

      (c) The corporation may comply at its expense with a shareholder's demand to inspect the record of shareholders under subdivision (3) of subsection (b) of section 33-946 by providing the shareholder with a list of shareholders that was compiled no earlier than the date of the shareholder's demand.

      (d) The corporation may impose a reasonable charge, covering the costs of labor and material, for copies of any documents provided to the shareholder. The charge may not exceed the estimated cost of production, reproduction or transmission of the records.

      (P.A. 94-186, S. 200, 215; P.A. 01-199, S. 27.)

      History: P.A. 94-186 effective January 1, 1997; P.A. 01-199 amended Subsec. (b) to replace "the right to receive copies made by photographic, xerographic or other means" with "the right to receive copies by xerographic or other means, including copies through an electronic transmission if available and so requested by the shareholder", redesignated former Subsec. (d) as Subsec. (c) and amended to add "at its expense", redesignated former Subsec. (c) as Subsec. (d) and amended to include the estimated cost of "transmission" of the records and made technical changes throughout section for purposes of gender neutrality.

      Annotations to former section 33-56:

      Right of stockholder to examine books and enforcement by mandamus. 87 C. 483; 90 C. 638.

      Cited. 6 CS 76. Conditions which must be met before stockholder may exercise his qualified right to examine books. 14 CS 160. Beneficiaries of trust held to have no legal right enforceable by a writ of mandamus to examine corporate books since this is a privilege incident to the ownership of shares. 21 CS 33.

      Annotations to former section 33-334:

      Cited. 183 C. 85.

      Shareholder must make application for examination of records to the superior court by way of a writ, summons and complaint. 25 CS 253.

      Subsec. (b):

      Cited. 26 CS 136.

      Annotation to present section:

      Cited. 45 CS 101.