Tennessee § 3-17-108 - Recordkeeping.

§ 3-17-108. Recordkeeping.

Every nonprofit organization subject to the provisions of this chapter and the rules and regulations prescribed by the secretary, shall keep: True and accurate fiscal records including, but not limited to, all income and expenses; and True and accurate records regarding the conduct of any annual event, including records of any documents, information, notices, or applications required to be prepared or filed pursuant to this chapter. Unless otherwise provided, such records shall be retained for a period of at least five (5) years after the event date to which they relate. Upon request and at a reasonable time and place within Tennessee, such records, as well as any other records regarding annual events within this state, shall be made available to the secretary, the state and local government committee of the senate and the state government committee of the house of representatives, the attorney general and reporter, or an appropriate district attorney general for inspection. Acts 2004, ch. 476, § 2; 2011, ch. 410, § 8; 2013, ch. 236, § 64; 2015, ch. 134, § 18. Compiler's Notes. Acts 2004, ch. 476, § 13 provided that the provisions of the act shall not be construed to be an appropriation of funds and no funds shall be obligated or expended pursuant to the act unless such funds are specifically appropriated by the general appropriations act. For the Preamble to the act concerning the prohibition against establishment of a special committee if there is a standing committee on the same subject, please refer to Acts 2011, ch. 410. Amendments. The 2015 amendment substituted “nonprofit” for “501(c)(3)” in (a). Effective Dates. Acts 2015, ch. 134, § 28. April 14, 2015.