Colorado § 7-90-901 Grounds for delinquency

Colorado Statutes

§ 7-90-901 — Grounds for delinquency

Colorado·Title 07 Corporations·Art. Colorado Corporations and Associations Act

(1)A domestic entity that is a reporting entity may be declared delinquent under section 7-90-902 if:

(a)The domestic entity does not pay any fee or penalty imposed by this title when it is due;

(b)The domestic entity does not comply with part 5 of this article, providing for reports from reporting entities;

(c)The domestic entity does not comply with part 7 of this article, providing for registered agents and service of process; or

(d)An administrative law judge finds, or a conceded notice and demand sets forth, pursuant to section 7-90-314 (4)(g)(V), that the domestic entity was created without authorization or for fraudulent purposes.

(2)A foreign entity that is a reporting entity may be declared delinquent under section 7-90-902 if:

(a)The foreign entity does not pa

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(1) A domestic entity that is a reporting
entity may be declared delinquent under section 7-90-902 if:

(a) The domestic entity does not pay any fee or penalty imposed by this title
when it is due;

(b) The domestic entity does not comply with part 5 of this article, providing
for reports from reporting entities;

(c) The domestic entity does not comply with part 7 of this article, providing
for registered agents and service of process; or

(d) An administrative law judge finds, or a conceded notice and demand sets
forth, pursuant to section 7-90-314 (4)(g)(V), that the domestic entity was created
without authorization or for fraudulent purposes.

(2) A foreign entity that is a reporting entity may be declared delinquent
under section 7-90-902 if:

(a) The foreign entity does not pay any fee or penalty imposed by this title
when it is due;

(b) The foreign entity does not comply with part 5 of this article, providing
for reports from reporting entities;

(c) The foreign entity does not comply with part 7 of this article, providing for
registered agents and service of process;

(d) The foreign entity does not deliver for filing an appropriate statement of
change when necessary to make its statement of foreign entity authority true in all
respects;

(e) The secretary of state receives a duly authenticated certificate from the
secretary of state or other official having custody of entity records in the
jurisdiction under the law of which the foreign entity was formed to the effect that
it no longer exists as the result of a dissolution or merger or otherwise; or

(f) An administrative law judge finds, or a conceded notice and demand sets
forth, pursuant to section 7-90-314 (4)(g)(V), that the foreign entity was registered
without authorization or for fraudulent purposes.

Colorado § 7-90-901 (Grounds for delinquency) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 2005: Entire part added, p. 1211, � 20, effective October 1. L. 2024: (1)(b), (1)(c), (2)(d), and (2)(e) amended and (1)(d) and (2)(f) added, (HB 24-1137), ch. 332, p. 2250, � 5, effective August 7.