Section 84March 10, 1990, Sec./Art. 84

Right to Examine. - A member shall have the right to examine the records required to be kept by the cooperative under Section 51 of this Code during reasonable hours on business days and he may demand, in writing, for a copy of excerpts from said records without charges except the cost of reproduction.

Any officer of the cooperative who shall refuse to allow any member of the cooperative to examine and copy excerpts from its records shall be liable to such member for damages and shall be guilty of an offense which shall be punishable under Section 106 of this Code: Provided, That if such refusal is pursuant to a resolution or order of the board of directors, the liability under this article shall be imposed upon the directors who voted for such refusal: Provided further, That it shall be a defense to any action under this section that the member demanding to examine and copy excerpts from the cooperative records has improperly used any information secured through any prior examination of the records of such cooperative or was not acting in good faith or for a legitimate purpose in making his demand.