§ 7-134-302 — Procedure for judicial dissolution

Colorado § 7-134-302

• Jurisdiction: Colorado
• Title 07: Corporations
• Art.: Dissolution

Text

(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, if the nonprofit corporation has no principal office in this state and no registered
agent, in the district court for the city and county of Denver. A proceeding brought
by any other party named in section 7-134-301 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 is located or, if it has no principal office in this state, in the district
court for the county in which the street address of its registered agent is located,
or, if the nonprofit corporation has no registered agent, in the district court for the
city and county of Denver.

(2) It is not necessary to make directors or members parties to a proceeding
to dissolve a nonprofit corporation unless relief is sought against them individually.

(3) A court in a proceeding brought to dissolve a nonprofit corporation may
issue injunctions, appoint a receiver or custodian pendente lite with all powers and
duties the court directs, take other action required to preserve the corporate assets
wherever located, and carry on the activities of the nonprofit corporation until a full
hearing can be held.

Legislative History

Source: L. 97: Entire article added, p. 729, � 3, effective July 1, 1998. L. 2003: (1) amended, p. 2349, � 328, effective July 1, 2004.