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2020 Colorado Revised Statutes
Title 7 - Corporations And Associations
Article 80. Limited Liability Companies
Section 7-80-603. Interest of member upon resignation.
Universal Citation: CO Rev Stat § 7-80-603 (2020)
A member who has resigned shall have no right to participate in the management of the business and affairs of the limited liability company and is entitled only to receive the share of the profits or other compensation by way of income and the return of contributions, to which such member would have been entitled if the member had not resigned.
Source: L. 90: Entire article added, p. 432, § 1, effective April 18. L. 94: Entire section amended, p. 717, § 22, effective July 1. L. 2007: Entire section amended, p. 227, § 17, effective May 29.
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