Any nonprofit corporation other than a nonprofit corporation that is governed by the
“Colorado Revised Nonprofit Corporation Act”, articles 121 to 137 of this title, that
was suspended, declared defunct, administratively dissolved, or dissolved by operation
of law, and the business or affairs of which are continued for nonprofit purposes,
with or without knowledge of the suspension, declaration, or dissolution, and the
business and affairs of which are not wound up, shall be deemed an unincorporated
organization that qualifies as a nonprofit association for purposes of sections 7-30-101.2 and 7-30-106, unless such nonprofit corporation is reinstated as provided in part 10 of article
90 of this title.
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