Colorado § 7-58-1601 Definitions

Colorado Statutes

§ 7-58-1601 — Definitions

Colorado § 7-58-1601

Title 07Corporations

Art.Uniform Limited Cooperative Association Act

This text of Colorado § 7-58-1601 (Definitions) 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. § 7-58-1601 (2026).

Text

In this part 16, unless the context otherwise requires:

(1)Constituent entity means an entity that is a party to a merger.

(2)Constituent limited cooperative association means a limited cooperative association that is a party to a merger.

(3)Converting limited cooperative association means a converting entity that is a limited cooperative association.

(4)Organizational documents means articles of incorporation, bylaws, articles of organization, operating agreements, partnership agreements, and any other documents serving a similar function in the creation and governance of an entity.

(5)Personal liability means personal liability for a debt, liability, or other obligation of an entity imposed, by operation of law or otherwise, on a person that co-owns or has an interest in

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In this part 16, unless the context otherwise requires:

(1) Constituent entity means an entity that is a party to a merger.

(2) Constituent limited cooperative association means a limited
cooperative association that is a party to a merger.

(3) Converting limited cooperative association means a converting entity
that is a limited cooperative association.

(4) Organizational documents means articles of incorporation, bylaws,
articles of organization, operating agreements, partnership agreements, and any
other documents serving a similar function in the creation and governance of an
entity.

(5) Personal liability means personal liability for a debt, liability, or other
obligation of an entity imposed, by operation of law or otherwise, on a person that
co-owns or has an interest in the entity:

(a) By the entity's organic statute solely because of the person co-owning or
having an interest in the entity; or

(b) By the entity's organizational documents under a provision of the entity's
organic statute authorizing those documents to make one or more specified
persons liable for all or specified parts of the entity's debts, liabilities, and other
obligations solely because the person co-owns or has an interest in the entity.