Colorado Statutes

§ 7-80-701 — Admission of members

Colorado·Title 07 Corporations·Art. Limited Liability Companies
(1)After the filing of a limited liability company's original articles of organization, one or more persons may be admitted as an additional member or members upon the consent of all members.
(2)At any time that a limited liability company has no members, upon the unanimous consent of all the persons holding by assignment or transfer any of the membership interest of the last remaining member of the limited liability company, one or more persons, including an assignee or transferee of the last remaining member, may be admitted as a member or members.

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Legislative History

Source: L. 90: Entire article added, p. 433, � 1, effective April 18. L. 2004: Entire section amended, p. 943, � 13, effective July 1. L. 2006: Entire section amended, p. 860, � 29, effective July 1.

Nearby Sections

15
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