Title 7, Corporations and Associations

0 chapters · 1,168 sections in this title.

20 sectionsFiltered byTitle 7 Ch 134

Colo. Rev. Stat. § 7-134-101 Dissolution by incorporators or directors if no members
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(1) If a nonprofit corporation has no members, a majority of its directors or, if there are no directors, a majority of its incorporators may authorize the dissolution of the nonprofit corporation. (2) The incorporators or directors in approving dissolution shall adopt a plan of …
Colo. Rev. Stat. § 7-134-102 Dissolution by directors and members
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(1) Unless otherwise provided in the bylaws, dissolution of a nonprofit corporation may be authorized in the manner provided in subsection (2) of this section. (2) For a proposal to dissolve the nonprofit corporation to be authorized: (a) The board of directors shall adopt the pr…
Colo. Rev. Stat. § 7-134-103 Articles of dissolution
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(1) At any time after dissolution is authorized, the nonprofit corporation may dissolve by delivering to the secretary of state, for filing pursuant to part 3 of article 90 of this title, articles of dissolution stating: (a) The domestic entity name of the nonprofit corporation; …
Colo. Rev. Stat. § 7-134-104 Revocation of dissolution. (Repealed)
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Source: L. 97: Entire article added, p. 721, � 3, effective July 1, 1998. L. 98: (4) amended, p. 626, � 37, effective July 1. L. 2000: (3)(a) and (5) amended, p. 984, � 88, effective July 1. L. 2002: IP(3) and (4) amended, p. 1856, � 146, effective July 1; IP(3) and (4) amended, …
Colo. Rev. Stat. § 7-134-105 Effect of dissolution
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(1) A dissolved nonprofit corporation continues its corporate existence but may not carry on any activities except as is appropriate to wind up and liquidate its affairs, including: (a) Collecting its assets; (b) Returning, transferring, or conveying assets held by the nonprofit …
Colo. Rev. Stat. § 7-134-106 Disposition of known claims by notification. (Repealed)
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Source: L. 97: Entire article added, p. 723, � 3, effective July 1, 1998. L. 2006: Entire section repealed, p. 884, � 87, effective July 1.
Colo. Rev. Stat. § 7-134-107 Disposition of claims by publication. (Repealed)
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Source: L. 97: Entire article added, p. 724, � 3, effective July 1, 1998. L. 2003: (2)(a) amended, p. 2348, � 324, effective July 1, 2004. L. 2006: Entire section repealed, p. 884, � 87, effective July 1. 7-134-108. Enforcement of claims against dissolved nonprofit corporation. (…
Colo. Rev. Stat. § 7-134-108 Enforcement of claims against dissolved nonprofit corporation. (Repealed)
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C.R.S. 7-134-108Statutes current through Chapter 65 of the 2026 Regular Session, effective as of April 20, 2026. The text of this section is not final. It will not be final until compared to, and updated from, the text provided by the Colorado Office of Legislative Legal Services…
Colo. Rev. Stat. § 7-134-109 Service on dissolved nonprofit corporation - repeal. (Repealed)
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Source: L. 97: Entire article added, p. 725, � 3, effective July 1, 1998. L. 2003: (4) added by revision, pp. 2356, 2357, �� 347, 348. Editor's note: Subsection (4) provided for the repeal of this section, effective July 1, 2004. (See L. 2003, pp. 2356, 2357.)
Colo. Rev. Stat. § 7-134-201 Grounds for administrative dissolution. (Repealed)
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Source: L. 97: Entire article added, p. 726, � 3, effective July 1, 1998. L. 2000: (1)(b) amended, p. 985, � 90, effective July 1. L. 2003: Entire section amended, p. 2348, � 325, effective July 1, 2004. L. 2004: (1)(b) amended, p. 1514, � 307, effective July 1. L. 2005: Entire s…
Colo. Rev. Stat. § 7-134-202 Procedure for and effect of administrative dissolution. (Repealed)
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C.R.S. 7-134-202Statutes current through Chapter 65 of the 2026 Regular Session, effective as of April 20, 2026. The text of this section is not final. It will not be final until compared to, and updated from, the text provided by the Colorado Office of Legislative Legal Services…
Colo. Rev. Stat. § 7-134-203 Reinstatement following administrative dissolution - repeal. (Repealed)
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C.R.S. 7-134-203Statutes current through Chapter 65 of the 2026 Regular Session, effective as of April 20, 2026. The text of this section is not final. It will not be final until compared to, and updated from, the text provided by the Colorado Office of Legislative Legal Services…
Colo. Rev. Stat. § 7-134-204 Appeal from denial of reinstatement - repeal. (Repealed)
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Source: L. 97: Entire article added, p. 728, � 3, effective July 1, 1998. L. 2003: (5) added by revision, pp. 2356, 2357, �� 347, 348. Editor's note: Subsection (5) provided for the repeal of this section, effective July 1, 2004. (See L. 2003, pp. 2356, 2357.)
Colo. Rev. Stat. § 7-134-205 Continuation as unincorporated association. (Repealed)
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Source: L. 97: Entire article added, p. 728, � 3, effective July 1, 1998. L. 2003: Entire section amended, p. 2349, � 327, effective July 1, 2004. L. 2006: Entire section repealed, p. 884, � 87, effective July 1.
Colo. Rev. Stat. § 7-134-301 Grounds for judicial dissolution
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(1) A nonprofit corporation may be dissolved in a proceeding by the attorney general if it is established that: (a) The nonprofit corporation obtained its articles of incorporation through fraud; or (b) The nonprofit corporation has continued to exceed or abuse the authority conf…
Colo. Rev. Stat. § 7-134-302 Procedure for judicial dissolution
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(1) A proceeding by the attorney general to dissolve a nonprofit corporation shall be brought in the district court for the county in this state in which the street address of the nonprofit corporation's principal office or the street address of its registered agent is located or…
Colo. Rev. Stat. § 7-134-303 Receivership or custodianship
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(1) A court in a judicial proceeding to dissolve a nonprofit corporation may appoint one or more receivers to wind up and liquidate, or one or more custodians to manage, the affairs of the nonprofit corporation. The court shall hold a hearing, after giving notice to all parties t…
Colo. Rev. Stat. § 7-134-304 Decree of dissolution
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(1) If after a hearing the court determines that one or more grounds for judicial dissolution described in section 7-134-301 exist, it may enter a decree dissolving the nonprofit corporation and stating the effective date of the dissolution, and the clerk of the court shall deliv…
Colo. Rev. Stat. § 7-134-401 Dissolution upon expiration of period of duration
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(1) A nonprofit corporation shall be dissolved upon and by reason of the expiration of its period of duration, if any, stated in its articles of incorporation. (2) A provision in the articles of incorporation to the effect that the nonprofit corporation or its existence shall be …
Colo. Rev. Stat. § 7-134-501 Deposit with state treasurer
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Assets of a dissolved nonprofit corporation that should be transferred to a creditor, claimant, or member of the nonprofit corporation who cannot be found or who is not legally competent to receive them shall be reduced to cash and deposited with the state treasurer as property p…