Colo. Rev. Stat. § 7-114-304

Current through Acts effective through 6/5/2024 of the 2024 Legislative Session
Section 7-114-304 - Decree of dissolution
(1) If after a hearing the court determines that one or more grounds for judicial dissolution described in section 7-114-301 exist, it may enter a decree dissolving the corporation and stating the effective date of the dissolution, and the clerk of the court shall deliver a certified copy of the decree to the secretary of state for filing pursuant to part 3 of article 90 of this title.
(2) After entering the decree of dissolution, the court shall direct the winding up and liquidation of the corporation's business and affairs in accordance with section 7-114-105 and the giving of notice to claimants in accordance with sections 7-90-911 and 7-90-912.
(3) The court's order or decision may be appealed as in other civil proceedings.

C.R.S. § 7-114-304

L. 93: Entire article added, p. 833, § 1, effective 7/1/1994. L. 2003: (1) and (2) amended, p. 2330, § 271, effective 7/1/2004. L. 2004: (2) amended, p. 1508, § 286, effective July 1. L. 2006: (2) amended, p. 881, § 76, effective July 1.