2016 Colorado Revised Statutes
Title 7 - Corporations and Associations
Limited Liability Companies
Article 80 - Limited Liability Companies
Part 8 - Dissolution
Subpart 1 - Voluntary Dissolution
§ 7-80-803.5. Manager's or member's power to bind limited liability company after dissolution

CO Rev Stat ยง 7-80-803.5 (2016) What's This?

(1) Subject to section 7-80-802 (3), a limited liability company is bound by a manager's act or, in the case of a limited liability company, the articles of organization of which provide that management is vested in members, a member's act after dissolution that:

(a) Is appropriate for winding up the limited liability company's business; or

(b) Would have bound the limited liability company under section 7-80-405 before dissolution, if the other party to the transaction did not have notice of the dissolution.

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