2024 Colorado Revised Statutes
Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301)
CORPORATIONS AND ASSOCIATIONS (§§ 7-90-101 — 7-90-1005)
Article 90 - COLORADO CORPORATIONS AND ASSOCIATIONS ACT (§§ 7-90-101 — 7-90-1005)
Part 9 - DELINQUENCY - DISSOLUTION UPON EXPIRATION OF TERM - NOTICE TO CREDITORS BY ENFORCEMENT OF CLAIMS AGAINST DISSOLVED ENTITIES (§§ 7-90-901 — 7-90-915)
Subpart 1 - DELINQUENCY (§§ 7-90-901 — 7-90-906)
Section 7-90-901 - Grounds for delinquency

• (1) A domestic entity that is a reporting entity may be declared delinquent under section 7-90-902 if:
  • (a) The domestic entity does not pay any fee or penalty imposed by this title when it is due;
  • (b) The domestic entity does not comply with part 5 of this article, providing for reports from reporting entities;
  • (c) The domestic entity does not comply with part 7 of this article, providing for registered agents and service of process; or
  • (d) An administrative law judge finds, or a conceded notice and demand sets forth, pursuant to section 7-90-314 (4)(g)(V), that the domestic entity was created without authorization or for fraudulent purposes.

• (2) A foreign entity that is a reporting entity may be declared delinquent under section 7-90-902 if:
  • (a) The foreign entity does not pay any fee or penalty imposed by this title when it is due;
  • (b) The foreign entity does not comply with part 5 of this article, providing for reports from reporting entities;
  • (c) The foreign entity does not comply with part 7 of this article, providing for registered agents and service of process;
  • (d) The foreign entity does not deliver for filing an appropriate statement of change when necessary to make its statement of foreign entity authority true in all respects;
  • (e) The secretary of state receives a duly authenticated certificate from the secretary of state or other official having custody of entity records in the jurisdiction under the law of which the foreign entity was formed to the effect that it no longer exists as the result of a dissolution or merger or otherwise; or
  • (f) An administrative law judge finds, or a conceded notice and demand sets forth, pursuant to section 7-90-314 (4)(g)(V), that the foreign entity was registered without authorization or for fraudulent purposes.

Amended by 2024 Ch. 332,§ 5, eff. 8/7/2024.

L. 2005: Entire part added, p. 1211, § 20, effective October 1.

2024 Ch. 332, was passed without a safety clause. See Colo. Const. art. V, § 1(3).