Title: Bill Reno, Inc. v. ROCKY MOUNTAIN FORD DEAL. AD. ASS'N
Citation: 378 P.2d 206
Docket Number: 20148
State: Colorado
Issuer: Colorado Supreme Court
Date: January 28, 1963

378 P.2d 206 (1963) BILL RENO, INC., a dissolved Colorado corporation, Plaintiff In Error, v. ROCKY MOUNTAIN FORD DEALERS' ADVERTISING ASSOCIATION, a Colorado corporation, Defendant in Error. No. 20148. Supreme Court of Colorado. In Department. January 28, 1963. *207 Winner, Berge &amp; Martin, Denver, for plaintiff in error. Ireland, Stapleton, Pryor &amp; Holmes, Denver, for defendant in error. MOORE, Justice. This matter is before us on writ of error to review a judgment of the trial court dismissing the complaint filed by plaintiff in error against defendant in error. The trial court held that the complaint failed to state a claim upon which relief could be granted. The complaint, as amended, omitting the caption, is as follows: Counsel for defendant urged in the trial court, and argue here, that C.R.S. '53, 31-20-7 precluded any relief being granted to plaintiff. The statute mentioned provides in pertinent part that: The trial court erred in dismissing the action. We deem it sufficient to say that a member of a nonprofit corporation has the right to inspect the books and records of the corporation. The complaint contains the allegation that plaintiff was refused this right. A member of a nonprofit corporation is entitled to be informed concerning the business activities conducted by the corporation. It is asserted in the complaint that the *208 plaintiff "was entitled to an accounting to determine plaintiff's fair share of the assets thereof" and that this "accounting" was requested and denied. Under this broad allegation the statute above quoted might, or might not, apply, depending on pertinent facts. The allegations of the complaint are sufficient as against a motion to dismiss. After inspection of the books of the corporation, and an accounting, it may or may not follow that the statute is applicable to the situation as revealed thereby, depending upon the nature of the relief then sought. In any event it has no application to the complaint of plaintiff in so far as the demand for inspection of the corporate books is concerned. The judgment is reversed. FRANTZ, C. J., and HALL, J., concur.