Colorado § 7-114-304 Decree of dissolution

Colorado Statutes

§ 7-114-304 — Decree of dissolution

Colorado·Title 07 Corporations·Art. Dissolution

(1)If after a hearing the court determines that one or more grounds for judicial dissolution described in section 7-114-301 exist, it may enter a decree dissolving the corporation and stating the effective date of the dissolution, and the clerk of the court shall deliver a certified copy of the decree to the secretary of state for filing pursuant to part 3 of article 90 of this title.

(2)After entering the decree of dissolution, the court shall direct the winding up and liquidation of the corporation's business and affairs in accordance with section 7-114-105 and the giving of notice to claimants in accordance with sections 7-90-911 and 7-90-912.

(3)The court's order or decision may be appealed as in other civil proceedings.

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(1) If after a hearing the court determines
that one or more grounds for judicial dissolution described in section 7-114-301
exist, it may enter a decree dissolving the corporation and stating the effective date
of the dissolution, and the clerk of the court shall deliver a certified copy of the
decree to the secretary of state for filing pursuant to part 3 of article 90 of this
title.

(2) After entering the decree of dissolution, the court shall direct the winding
up and liquidation of the corporation's business and affairs in accordance with
section 7-114-105 and the giving of notice to claimants in accordance with sections
7-90-911 and 7-90-912.

(3) The court's order or decision may be appealed as in other civil
proceedings.

Colorado § 7-114-304 (Decree of dissolution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 93: Entire article added, p. 833, � 1, effective July 1, 1994. L. 2003: (1) and (2) amended, p. 2330, � 271, effective July 1, 2004. L. 2004: (2) amended, p. 1508, � 286, effective July 1. L. 2006: (2) amended, p. 881, � 76, effective July 1.