2. When the notice of intent to dissolve has been filed with the secretary of state
and subject to section 10-33-104, the corporation may not carry on its activities, except to the extent necessary
for the winding up of the corporation.
a. The board and members with voting rights have the right to revoke the dissolution
proceedings under section 10-33-104.
b. The members with voting rights have the right to remove directors or fill vacancies
on the board.
c. The corporate existence continues to the extent necessary to wind up the affairs
of the corporation until the dissolution proceedings are revoked or articles of dissolution
are filed with the secretary of state.
3. The filing with the secretary of state of a notice of intent to dissolve does not
affect a remedy in favor of the corporation or a remedy against it or its directors,
officers, or members in those capacities, except as provided in section 10-33-115.
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 or via Westlaw before relying on it for your legal needs.
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