Colo. Rev. Stat. § 7-30-109
Disposition of personal property of inactive nonprofit association
Colorado · Colorado Revised Statutes Title 7 — Corporations and Associations · Status: effective
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- Citation
- Colo. Rev. Stat. § 7-30-109, Disposition of personal property of inactive nonprofit association, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2284694
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Full text
(1) If a nonprofit association has been inactive for three years or longer, a person in possession or control of personal property of the nonprofit association may transfer the property:
(a) If a document of the nonprofit association states a person to whom transfer is to be made under those circumstances, to that person; or
(b) If no person is so stated, to a nonprofit association or nonprofit corporation pursuing broadly similar purposes or to a government, governmental subdivision, agency, or instrumentality.