§ 7-56-309 — Court-ordered inspection

Colorado § 7-56-309

• Jurisdiction: Colorado
• Title 07: Corporations
• Art.: Cooperatives

Text

(1) If a cooperative refuses to allow a
member, or the member's agent or attorney, who complies with section 7-56-307 to
inspect or copy any records that the member is entitled to inspect or copy by said
section within a prescribed time limit or, if none, within a reasonable time, the
district court for the county in this state in which the street address of the
cooperative's principal office is located or, if the cooperative has no principal office
in this state, the district court for the county in which the street address of its
registered agent is located or, if the cooperative has no registered agent, the
district court for the city and county of Denver, may, on application of the member,
summarily order the inspection or copying of the records demanded at the
cooperative's expense.

(2) If a court orders inspection or copying of the records demanded, unless
the cooperative proves that it refused inspection or copying in good faith because it
had a reasonable basis for doubt about the right of the member or the member's
agent or attorney to inspect or copy the records demanded:

(a) The court may order the losing party to pay the prevailing party's
reasonable costs, including reasonable attorney fees;

(b) The court may order the losing party to pay the prevailing party for any
damages the prevailing party shall have incurred by reason of the subject matter of
the litigation;

(c) If inspection or copying is ordered pursuant to subsection (1) of this
section, the court may order the cooperative to pay the member's inspection and
copying expenses notwithstanding the provisions of section 7-56-307 (1); and

(d) The court may grant either party any other remedy provided by law.

(3) If a court orders inspection or copying of records demanded, it may
impose reasonable restrictions on the use or distribution of the records by the
demanding member.

Legislative History

Source: L. 96: Entire article R&RE, p. 500, � 1, effective July 1. L. 2003: (1) amended, p. 2226, � 82, effective July 1, 2004.