C.R.S. § 7-80-803.5: Manager's or member's power to bind limited liability company after dissolution.
Where this section sits in the code
- Title 7 - CORPORATIONS AND ASSOCIATIONS
- Article 80 - Limited Liability Companies
- Part 8 - DISSOLUTION
- Subpart 1 - VOLUNTARY DISSOLUTION
(1) Subject to section 7-80-802 (3), a limited liability company is bound by a manager's act or, in the case of a limited liability company, the articles of organization of which provide that management is vested in members, a member's act after dissolution that:
(a) Is appropriate for winding up the limited liability company's business; or
(b) Would have bound the limited liability company under section 7-80-405 before dissolution, if the other party to the transaction did not have notice of the dissolution.
Collected 2026-09-14T18:37:45Z. Source file · JSON