Colo. Rev. Stat. § 7-80-803
Effect of dissolution
Colorado · Colorado Revised Statutes Title 7 — Corporations and Associations · Status: effective
Cite this
- Citation
- Colo. Rev. Stat. § 7-80-803, Effect of dissolution, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2285489
- Permanent ID
ys:prov:2285489@1- SHA-256
5a4b65cbf09e88bac7883c800e3d36bad1210e20885e3e31f02417ccf7e7ccea
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(1) A dissolved limited liability company continues its existence as a limited liability company but shall not carry on any business except as is appropriate to wind up and liquidate its business and affairs, including:
(a) Collecting its assets;
(b) Disposing of its properties that will not be distributed in kind to its members;
(c) Discharging or making provision for discharging its liabilities;
(d) Distributing its remaining property among its members; and
(e) Doing every other act necessary to wind up and liquidate its business and affairs.
(2) A dissolved limited liability company may dispose of claims against it pursuant to sections 7-90-911 and 7-90-912.