Voluntary dissolution
C.R.S. § 7-58-1202
in effect7-58-1202. Voluntary dissolution. (1) Except as otherwise provided in sections 7-58-1203 and 7-90-908, a limited cooperative association is dissolved and its activities must be wound up:
(a) Upon the occurrence of an event or at a time specified in the articles;
(b) Upon the action of the association's organizers, board of directors, or members under section 7-58-1205 or 7-58-1206; or
(c) Ninety days after the dissociation of a member that results in the association having one patron member and no other members, unless the association:
(I) Has a sole member that is a cooperative; or
(II) Not later than the end of the ninety-day period, admits at least one member in accordance with the articles or bylaws and has at least two members, at least one of which is a patron member.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://leg.colorado.gov/sites/default/files/images/olls/crs2024-title-07.docx#7-58-1202Fetched: 10/6/2026