Colorado § 7-50-114 - Dissolution.
Full text of Colorado Colorado Revised Statutes § 7-50-114 — Dissolution., with citation guidance and answers to common questions.
§ 7-50-114. Dissolution.
When a majority of the members of any corporation organized pursuant to this article vote to dissolve the corporation, the corporation shall deliver to the secretary of state, for filing pursuant to part 3 of article 90 of this title, an affidavit of dissolution. Such affidavit shall state that all the debts of the corporation are fully paid or provided for. When such affidavit has been filed, the corporation shall be forever dissolved. The president shall obtain from the secretary of state a certified copy of the affidavit showing the filing date and shall record a copy thereof in the office of the clerk and recorder of the county in which the corporation was organized and also in every county in which the corporation owns real estate.
Source: L. 55: p. 242, § 5. CRS 53: § 31-21-14. C.R.S. 1963: § 31-20-14. L. 83: Entire section amended, p. 870, § 24, effective July 1. L. 2002: Entire section amended, p. 1812, § 12, effective July 1; entire section amended, p. 1677, § 10, effective October 1. L. 2003: Entire section amended, p. 2213, § 46, effective July 1, 2004.
ARTICLE 51
Joint Stock Religious or Benevolent Associations
7-51-101. How organized.
7-51-102. Affidavit of chairperson - where filed - effect.
7-51-103. Bylaws.
7-51-104. Property vests in corporation.
7-51-105. Powers of corporation.
7-51-106. Shares of stock.
7-51-107. Board of directors.
7-51-108. Election of directors.
7-51-109. Liability of stockholders.
7-51-110. Certificate of full paid stock.
7-51-111. Purchase of property.
7-51-112. Any church may incorporate.
7-51-113. Incorporation of religious organization.
Frequently Asked Questions About Colorado § 7-50-114
What does Colorado Revised Statutes § 7-50-114 cover?
Section 7-50-114 ("Dissolution.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 7-50-114?
A common citation format is "Colorado Revised Statutes § 7-50-114" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 7-50-114 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.