Colo. Rev. Stat. § 7-58-1006
Current through Acts effective through 7/1/2024 of the 2024 Legislative Session
Property distributed to a member by a limited cooperative association, other than money, may be redeemed or repurchased as provided in the articles or bylaws, but a redemption or repurchase may not be made without authorization by the board of directors. The board may withhold authorization for any reason in its sole discretion. A redemption or repurchase is treated as a distribution for purposes of section 7-58-1007.
C.R.S. § 7-58-1006