Colorado Statutes

§ 7-58-1303 — Pleading

Colorado·Title 07 Corporations·Art. Uniform Limited Cooperative Association Act
(1)In a derivative action to enforce a right of a limited cooperative association, the complaint must state:
(a)The date and content of the plaintiff's demand under section 7-58-1301
(1)(a) and the association's response;
(b)If ninety days have not expired since the demand was received by the association, how irreparable harm to the association would result by waiting for the expiration of ninety days; and
(c)If the association agreed to bring an action demanded, that the action has not been brought within a reasonable time.

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Legislative History

Source: L. 2011: Entire article added, (SB 11-191), ch. 197, p. 809, � 1, effective April 2, 2012.

Nearby Sections

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