Colorado § 7-50-114 Dissolution

Colorado Statutes

§ 7-50-114 — Dissolution

Colorado § 7-50-114

Title 07Corporations

Art.Religious, Educational, and Benevolent Societies

This text of Colorado § 7-50-114 (Dissolution) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 7-50-114 (2026).

Text

When a majority of the members of any corporation
organized pursuant to this article vote to dissolve the corporation, the corporation
shall deliver to the secretary of state, for filing pursuant to part 3 of article 90 of
this title, an affidavit of dissolution. Such affidavit shall state that all the debts of
the corporation are fully paid or provided for. When such affidavit has been filed,
the corporation shall be forever dissolved. The president shall obtain from the
secretary of state a certified copy of the affidavit showing the filing date and shall
record a copy thereof in the office of the clerk and recorder of the county in which
the corporation was organized and also in every county in which the corporation
owns real estate.

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When a majority of the members of any corporation
organized pursuant to this article vote to dissolve the corporation, the corporation
shall deliver to the secretary of state, for filing pursuant to part 3 of article 90 of
this title, an affidavit of dissolution. Such affidavit shall state that all the debts of
the corporation are fully paid or provided for. When such affidavit has been filed,
the corporation shall be forever dissolved. The president shall obtain from the
secretary of state a certified copy of the affidavit showing the filing date and shall
record a copy thereof in the office of the clerk and recorder of the county in which
the corporation was organized and also in every county in which the corporation
owns real estate.

Legislative History

Source: L. 55: p. 242, � 5. CRS 53: � 31-21-14. C.R.S. 1963: � 31-20-14. L. 83: Entire section amended, p. 870, � 24, effective July 1. L. 2002: Entire section amended, p. 1812, � 12, effective July 1; entire section amended, p. 1677, � 10, effective October 1. L. 2003: Entire section amended, p. 2213, � 46, effective July 1, 2004.