Colorado Statutes
§ 7-80-602 — Resignation of member
A member may resign from a limited
liability company at any time by giving notice to the other members, but, if the
resignation violates the operating agreement, the limited liability company may
recover from the resigning member damages for breach of the operating
agreement and offset the damages against the amount otherwise distributable to
the resigning member.
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Legislative History
Source: L. 90: Entire article added, p. 432, � 1, effective April 18. L. 94: Entire
section amended, p. 717, � 21, effective July 1. L. 2004: Entire section amended, p.
943, � 11, effective July 1.
Nearby Sections
15
§ 7-101-101
Short title§ 7-101-102
Reservation of power to amend or repeal§ 7-101-201
Filing requirements§ 7-101-401
General definitions§ 7-101-501
Short title§ 7-101-504
Nonprofit corporations§ 7-101-506
Duties of directors§ 7-101-507
Benefit report - definition§ 7-101-509
No effect on other corporations§ 7-102-101
Incorporators§ 7-102-102
Articles of incorporation§ 7-102-103
Incorporation