Colorado § 7-58-1006 Redemption or repurchase

Colorado Statutes

§ 7-58-1006 — Redemption or repurchase

Colorado § 7-58-1006

Title 07Corporations

Art.Uniform Limited Cooperative Association Act

This text of Colorado § 7-58-1006 (Redemption or repurchase) 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. § 7-58-1006 (2026).

Text

Property distributed to a member by
a limited cooperative association, other than money, may be redeemed or
repurchased as provided in the articles or bylaws, but a redemption or repurchase
may not be made without authorization by the board of directors. The board may
withhold authorization for any reason in its sole discretion. A redemption or
repurchase is treated as a distribution for purposes of section 7-58-1007.

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Property distributed to a member by
a limited cooperative association, other than money, may be redeemed or
repurchased as provided in the articles or bylaws, but a redemption or repurchase
may not be made without authorization by the board of directors. The board may
withhold authorization for any reason in its sole discretion. A redemption or
repurchase is treated as a distribution for purposes of section 7-58-1007.