{"data":{"id":"us-co/c.r.s.-7-134-101","jurisdiction":"us-co","citation":"C.R.S. § 7-134-101","heading":"Dissolution by incorporators or directors if no members.","body":"(1) If a nonprofit corporation has no members, a majority of its directors or, if there are no directors, a majority of its incorporators may authorize the dissolution of the nonprofit corporation.\n\n(2) The incorporators or directors in approving dissolution shall adopt a plan of dissolution indicating to whom the assets owned or held by the nonprofit corporation will be distributed after all creditors have been paid.","path":["Title 7 - CORPORATIONS AND ASSOCIATIONS","Article 134 - Dissolution","Part 1 - VOLUNTARY DISSOLUTION"],"source_url":"https://olls.info/crs/crs2026-title-07.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"d1e124b19ec609c50360fd588a48df3c766d3bf3f2a479bf1f43a371c8c0f4af","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-7-133-102","next":"us-co/c.r.s.-7-134-102"},"notice":"GroundRules: Original legal text. Not legal advice."}