Colorado § 7-80-813 Decree of dissolution

Colorado Statutes

§ 7-80-813 — Decree of dissolution

Colorado·Title 07 Corporations·Art. Limited Liability Companies

(1)If, in a judicial proceeding brought to dissolve a limited liability company, after a hearing the court determines that one or more grounds for judicial dissolution described in section 7-80-810 exist, it may enter a decree dissolving the limited liability company and stating the effective date of the dissolution, and the clerk of the court shall deliver a certified copy of the decree to the secretary of state for filing pursuant to part 3 of article 90 of this title.

(2)After entering the decree of dissolution, the court shall direct the winding up and liquidation of the limited liability company's business and affairs in accordance with section 7-80-803 and the giving of notice to claimants in accordance with sections 7-90-911 and 7-90-912.

(3)The court's order or decisi

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(1) If, in a judicial proceeding brought to
dissolve a limited liability company, after a hearing the court determines that one or
more grounds for judicial dissolution described in section 7-80-810 exist, it may
enter a decree dissolving the limited liability company and stating the effective
date of the dissolution, and the clerk of the court shall deliver a certified copy of
the decree to the secretary of state for filing pursuant to part 3 of article 90 of this
title.

(2) After entering the decree of dissolution, the court shall direct the winding
up and liquidation of the limited liability company's business and affairs in
accordance with section 7-80-803 and the giving of notice to claimants in
accordance with sections 7-90-911 and 7-90-912.

(3) The court's order or decision may be appealed as in other civil
proceedings.

Colorado § 7-80-813 (Decree of dissolution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 2003: Entire part R&RE, p. 2275, � 192, effective July 1, 2004. L. 2004: (1) and (2) amended, p. 1465, � 199, effective July 1. L. 2006: (2) amended, p. 864, � 39, effective July 1.