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(1) A dissolved limited liability company continues its existence as a limited liability company but shall not carry on any business except as is appropriate to wind up and liquidate its business and affairs, including:
(a) Collecting its assets;
(b) Disposing of its properties that will not be distributed in kind to its members;
(c) Discharging or making provision for discharging its liabilities;
(d) Distributing its remaining property among its members; and
(e) Doing every other act necessary to wind up and liquidate its business and affairs.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 7. Corporations and Associations § 7-80-803. Effect of dissolution - last updated January 01, 2019 | https://codes.findlaw.com/co/title-7-corporations-and-associations/co-rev-st-sect-7-80-803.html
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