Colorado § 7-58-1005 Distributions

Colorado Statutes

§ 7-58-1005 — Distributions

Colorado § 7-58-1005

Title 07Corporations

Art.Uniform Limited Cooperative Association Act

This text of Colorado § 7-58-1005 (Distributions) 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. § 7-58-1005 (2026).

Text

(1)Unless the articles or bylaws otherwise provide and subject to section 7-58-1007, the board of directors may authorize, and the limited cooperative association may make, distributions to members.

(2)Unless the articles or bylaws otherwise provide, distributions to members may be made in any form, including money, capital credits, allocated patronage equities, revolving fund certificates, and the limited cooperative association's own or other securities.

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(1) Unless the articles or bylaws otherwise provide
and subject to section 7-58-1007, the board of directors may authorize, and the
limited cooperative association may make, distributions to members.

(2) Unless the articles or bylaws otherwise provide, distributions to members
may be made in any form, including money, capital credits, allocated patronage
equities, revolving fund certificates, and the limited cooperative association's own
or other securities.