A limited cooperative association may convert into any form of entity permitted by section 7-90-201 if the board of directors of the limited cooperative association adopts a plan of conversion that complies with section 7-90-201.3 and the members entitled to vote thereon, if any, if required by section 7-58-1603, approve the plan of conversion.
Source: L. 2011: Entire article added, (SB 11-191), ch. 197, p. 813, § 1, effective April 2, 2012.
Structure Colorado Code
Title 7 - Corporations and Associations
Article 58 - Uniform Limited Cooperative Association Act
Part 16 - Conversion and Merger
§ 7-58-1603. Action on Plan of Conversion by Converting Limited Cooperative Association
§ 7-58-1605. Notice and Action on Plan of Merger by Constituent Limited Cooperative Association
§ 7-58-1606. Approval or Abandonment of Merger by Members
§ 7-58-1607. Merger of Parent and Subsidiary
§ 7-58-1608. Filings Required for Conversion or Merger