Colorado Statutes

§ 7-56-701 — Authorization of dissolution before issuance of memberships

Colorado·Title 07 Corporations·Art. Cooperatives
If a cooperative has not yet issued memberships, a majority of its directors or, if the initial directors designated in the articles have not met or if not designated in the articles have not been elected, a majority of its incorporators, may authorize the dissolution of the cooperative.

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Legislative History

Source: L. 96: Entire article R&RE, p. 522, � 1, effective July 1.

Nearby Sections

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