(a) Each labor union in this state shall keep accurate books of accounts that:
(1) itemize each receipt from any source;
(2) itemize each expenditure for any purpose; and
(3) state the source of each receipt and the purpose of each expenditure.
(b) A member of a labor union is entitled to inspect the books, records, and accounts of the union at any reasonable time.

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(c) The attorney general, or, subject to the attorney general’s approval, a district attorney or county attorney, is entitled to inspect on demand the books, records, and accounts of a labor union at any reasonable time.
(d) The books, records, and accounts of a labor union are open to grand juries and judicial and quasi-judicial inquiries in legal proceedings.