2016 Colorado Revised Statutes
Title 7 - Corporations and Associations
Article 56 - Cooperatives
Part 7 - Dissolution
Subpart 1 - Voluntary Dissolution
§ 7-56-701. Authorization of dissolution before issuance of memberships

CO Rev Stat ยง 7-56-701 (2016) What's This?

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.

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