{"data":{"id":"us-co/c.r.s.-7-58-1006","jurisdiction":"us-co","citation":"C.R.S. § 7-58-1006","heading":"Redemption or repurchase.","body":"Property distributed to a member by a limited cooperative association, other than money, may be redeemed or repurchased as provided in the articles or bylaws, but a redemption or repurchase may not be made without authorization by the board of directors. The board may withhold authorization for any reason in its sole discretion. A redemption or repurchase is treated as a distribution for purposes of section 7-58-1007.","path":["Title 7 - CORPORATIONS AND ASSOCIATIONS","Article 58 - Uniform Limited Cooperative Association Act","Part 10 - CONTRIBUTIONS, ALLOCATIONS, AND DISTRIBUTIONS"],"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":"dc631932589dc583e8f945a0695e28e04cf5260dc5ae412b78447c5f6513a045","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-7-58-1005","next":"us-co/c.r.s.-7-58-1007"},"notice":"GroundRules: Original legal text. Not legal advice."}
