44-3-701. Inspection procedures.

Statute text

Each licensee shall keep a complete set of books of account, invoices, copies of orders, shipping instructions, bills of lading, weigh bills, correspondence, and all other records necessary to show fully the business transactions of such licensee, all of which shall be open at all times during business hours for the inspection and examination of the state licensing authority or its duly authorized representatives. The state licensing authority may require any licensee to furnish such information as it considers necessary for the proper administration of this article 3, and may require an audit to be made of the books of account and records on any occasions as it may consider necessary by an auditor to be selected by the state licensing authority, who shall likewise have access to all books and records of the licensee, and the expense thereof shall be paid by the licensee.

History

Source: L. 2018: Entire article added with relocations, (HB 18-1025), ch. 152, p. 1047, 2, effective October 1.

Annotations

Editor's note: This section is similar to former 12-47-701 as it existed prior to 2018.

Annotations

 

ANNOTATION

Annotations

Annotator's note. The following annotations include a case decided under former provisions similar to this section.

Director has authority to issue subpoenas compelling production of documents. Granbery v. District Court, 187 Colo. 316, 531 P.2d 390 (1975).

Director could move court to release documents in custodia legis. Where director initiated proceedings to determine possible revocation or suspension of license, but the district court had possession of the necessary documents for use by the grand jury, and the district court could not be subpoenaed, the director could properly move, in the alternative, for the court to release the documents in custodia legis. Granbery v. District Court, 187 Colo. 316, 531 P.2d 390 (1975).

PART 8
JUDICIAL REVIEW AND CIVIL LIABILITY