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Current as of January 01, 2025 | Updated by Findlaw Staff
If a cooperative has not yet issued memberships, a majority of its directors or, if the initial directors designated in the articles have not met or if not designated in the articles have not been elected, a majority of its incorporators, may authorize the dissolution of the cooperative.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 7. Corporations and Associations § 7-56-701. Authorization of dissolution before issuance of memberships - last updated January 01, 2025 | https://codes.findlaw.com/co/title-7-corporations-and-associations/co-rev-st-sect-7-56-701/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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