                                 CODE OF VIRGINIA

SCOPE OF INSPECTION RIGHT (§ 13.1-1280)

A. A beneficial owner&#8217;s agent or attorney has the same inspection and
copying rights as the beneficial owner he represents.

B. The right to copy records under &#xA7; 13.1-1279 includes, if reasonable, the
right to receive copies made by photographic or other means.

C. The business trust may impose a reasonable charge, covering the costs of
labor and material, for copies of any documents provided to the beneficial
owner. The charge may not exceed the estimated cost of production or
reproduction of the records.

D. The business trust may comply with a beneficial owner&#8217;s demand to
inspect the record of beneficial owners under subdivision 3 of subsection B of
&#xA7; 13.1-1279 by providing him with a list of its beneficial owners that was
compiled no earlier than the date of the beneficial owner&#8217;s demand.

HISTORY: 2002, c. 621.