Title 07 · CRS Title 07

Decree of dissolution

Citation: C.R.S. § 7-134-304

Section: 7-134-304

7-134-304. Decree of dissolution. (1) If after a hearing the court determines that one or more grounds for judicial dissolution described in section 7-134-301 exist, it may enter a decree dissolving the nonprofit 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 nonprofit corporation's activities in accordance with section 7-134-105 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. Source: L. 97: Entire article added, p. 731, � 3, effective July 1, 1998. L. 2003: (1) and (2) amended, p. 2350, � 330, effective July 1, 2004. L. 2004: (2) amended, p. 1515, � 310, effective July 1. L. 2006: (2) amended, p. 883, � 84, effective July 1. PART 4 DISSOLUTION UPON EXPIRATION OF PERIOD OF DURATION