0 chapters · 1,076 sections in this title.
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. § 7-134-105 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 …