Colorado Statutes

§ 7-80-602 — Resignation of member

Colorado § 7-80-602
JurisdictionColorado
Title 07Corporations
Art.Limited Liability Companies

This text of Colorado § 7-80-602 (Resignation of member) 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. § 7-80-602 (2026).

Text

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.

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Bluebook (online)
Colorado § 7-80-602, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/07/7-80-602.