Disposition of personal property of inactive nonprofit association

C.R.S. § 7-30-109
in effect
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7-30-109. Disposition of personal property of inactive nonprofit association. (1) If a nonprofit association has been inactive for three years or longer, a person in possession or control of personal property of the nonprofit association may transfer the property: (a) If a document of the nonprofit association states a person to whom transfer is to be made under those circumstances, to that person; or (b) If no person is so stated, to a nonprofit association or nonprofit corporation pursuing broadly similar purposes or to a government, governmental subdivision, agency, or instrumentality.
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#7-30-109Fetched: 10/6/2026

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