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2020 Colorado Revised Statutes
Title 7 - Corporations And Associations
Article 80. Limited Liability Companies
Section 7-80-803.5. Manager's or member's power to bind limited liability company after dissolution.
Universal Citation: CO Rev Stat § 7-80-803.5 (2020)
(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:
Is appropriate for winding up the limited liability company's business; or
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.
Source: L. 2006: Entire section added, p. 863, § 36, effective July 1.
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