Persons may enter into agreements to make contributions to a limited cooperative association before or after it is formed. Those agreements are enforceable by the association in accordance with their terms.
Source: L. 2011: Entire article added, (SB 11-191), ch. 197, p. 798, § 1, effective April 2, 2012.
Structure Colorado Code
Title 7 - Corporations and Associations
Article 58 - Uniform Limited Cooperative Association Act
Part 10 - Contributions, Allocations, and Distributions
§ 7-58-1001. Members' Contributions
§ 7-58-1002. Contribution and Valuation
§ 7-58-1003. Contribution Agreements
§ 7-58-1004. Allocations of Profits and Losses
§ 7-58-1006. Redemption or Repurchase
§ 7-58-1007. Limitation on Distributions
§ 7-58-1008. Liability for Improper Distributions - Limitation of Action
§ 7-58-1009. Relation to State Securities Law
§ 7-58-1010. Alternative Distribution of Unclaimed Property, Distributions, Redemptions, or Payments