Colorado § 7-134-304 Decree of dissolution

Colorado Statutes

§ 7-134-304 — 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 7-134-301 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 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 nonprofit corporation's activities in accordance with section 7-134-105 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 7-134-301
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 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 nonprofit corporation's activities in accordance with
section 7-134-105 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 § 7-134-304 (Decree of dissolution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 97: Entire article added, p. 731, � 3, effective July 1, 1998. L. 2003: (1) and (2) amended, p. 2350, � 330, effective July 1, 2004. L. 2004: (2) amended, p. 1515, � 310, effective July 1. L. 2006: (2) amended, p. 883, � 84, effective July 1.