Colorado Code
Title 7 - Corporations and Associations
Article 58 - Uniform Limited Cooperative Association Act

§ 7-58-113. Business Transactions of Member With Limited Cooperative Association - Subject to sections 7-58-818 and 7-58-819 and except as otherwise...

§ 7-58-114. Dual Capacity - A person may have a patron member's interest and an...

Part 2 - Registered Agents, Filing, Annual Reports, and Statement of Foreign Entity Authority

§ 7-58-201. Limited Cooperative Associations - Registered Agents - Service of Process - Annual Reports - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-202. Foreign Entity Authority - Part 8 of article 90 of this title, providing for...

Part 3 - Formation and Initial Articles of Limited Cooperative Association - Bylaws

§ 7-58-301. Organizers - A limited cooperative association must be organized by one or...

§ 7-58-302. Formation of Limited Cooperative Association - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-303. Articles - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-304. Organization of Limited Cooperative Association - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-305. Bylaws - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-306. Required Provision for Members' Contributions - The articles or the bylaws shall address members' contributions pursuant...

Part 4 - Amendment of Articles and Bylaws of Limited Cooperative Associations

§ 7-58-401. Authority to Amend Articles and Bylaws - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-402. Notice and Action on Amendment of Articles and Bylaws - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-403. Method of Voting on Amendment of Articles and Bylaws - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-404. Voting by District, Class, or Voting Group - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-405. Approval of Amendment - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-406. Restated Articles - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-407. Amendment of Articles - Filing - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

Part 5 - Members

§ 7-58-501. Members - To begin business, a limited cooperative association must have at...

§ 7-58-502. Becoming a Member - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-503. No Power as Member to Bind Association - A member, solely by reason of being a member, may...

§ 7-58-504. No Liability as Member for Association's Obligations - Unless the articles otherwise provide, a debt, obligation, or other...

§ 7-58-505. Right of Member and Former Member to Information - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-506. Annual Meeting of Members - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-507. Special Meeting of Members - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-508. Notice of Members Meeting - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-509. Waiver of Members Meeting Notice - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-510. Quorum of Members - Unless the articles or bylaws otherwise require a different number...

§ 7-58-511. Voting by Patron Members - Except as provided by section 7-58-512 (1), each patron member...

§ 7-58-512. Determination of Voting Power of Patron Member - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-513. Voting by Investor Members - If the articles or bylaws provide for investor members, each...

§ 7-58-514. Voting Requirements for Members - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-515. Manner of Voting - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-516. Action Without a Meeting - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-517. Districts and Delegates - Classes of Members - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

Part 6 - Member's Interest in Limited Cooperative Association

§ 7-58-601. Member's Interest - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-602. Patron and Investor Members' Interests - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-603. Transferability of Member's Interest - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-604. Security Interest and Set-Off - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-605. Charging Orders for Judgment Creditor of Member or Transferee - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

Part 7 - Marketing Contracts

§ 7-58-701. Authority - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-702. Marketing Contracts - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-703. Duration of Marketing Contract - The initial duration of a marketing contract may not exceed...

§ 7-58-704. Remedies for Breach of Contract - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

Part 8 - Directors and Officers

§ 7-58-801. Board of Directors - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-802. No Liability as Director for Limited Cooperative Association's Obligations - A debt, obligation, or other liability of a limited cooperative...

§ 7-58-803. Qualifications of Directors - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-804. Election of Directors and Composition of Board - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-805. Term of Director - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-806. Resignation of Director - A director may resign at any time by giving notice...

§ 7-58-807. Removal of Director - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-808. Suspension of Director by Board - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-809. Vacancy on Board - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-810. Remuneration of Directors - Unless the articles or bylaws otherwise provide, the board of...

§ 7-58-811. Meetings - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-812. Action Without Meeting - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-813. Meetings - Notice - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-814. Waiver of Notice of Meeting - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-815. Quorum - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-816. Voting - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-817. Committees - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-818. Standards of Conduct and Liability - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-819. Conflict of Interest - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-820. Other Considerations of Directors - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-821. Right of Director or Committee Member to Information - A director or a member of a committee appointed under...

§ 7-58-822. Appointment and Authority of Officers - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-823. Resignation and Removal of Officers - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

Part 9 - Indemnification

§ 7-58-901. Indemnification - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

Part 10 - Contributions, Allocations, and Distributions

§ 7-58-1001. Members' Contributions - The articles or bylaws must establish the amount, manner, or...

§ 7-58-1002. Contribution and Valuation - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1003. Contribution Agreements - Persons may enter into agreements to make contributions to a...

§ 7-58-1004. Allocations of Profits and Losses - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1005. Distributions - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1006. Redemption or Repurchase - Property distributed to a member by a limited cooperative association,...

§ 7-58-1007. Limitation on Distributions - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1008. Liability for Improper Distributions - Limitation of Action - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1009. Relation to State Securities Law - Any security, patronage refund, per unit retain certificate, capital credit,...

§ 7-58-1010. Alternative Distribution of Unclaimed Property, Distributions, Redemptions, or Payments - A limited cooperative association may provide in its articles or...

Part 11 - Dissociation

§ 7-58-1101. Member's Dissociation - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1102. Effect of Dissociation as Member - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1103. Power of Estate of Member - Unless the articles or bylaws provide for greater rights, if...

Part 12 - Dissolution

§ 7-58-1201. Dissolution - Winding Up - A limited cooperative association may be dissolved only as provided...

§ 7-58-1202. Voluntary Dissolution - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1203. Judicial Dissolution - Grounds - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1204. Judicial Dissolution - Procedure - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1205. Voluntary Dissolution Before Commencement of Activity - A majority of the organizers or initial directors of a...

§ 7-58-1206. Voluntary Dissolution by the Board and Members - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1207. Winding Up - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1208. Distribution of Assets in Winding Up - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1209. Court Proceeding - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1210. Statement of Dissolution - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

Part 13 - Action by Member

§ 7-58-1301. Derivative Action - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1302. Proper Plaintiff - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1303. Pleading - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1304. Approval for Discontinuance or Settlement - A derivative action to enforce a right of a limited...

§ 7-58-1305. Proceeds and Expenses - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1306. Applicability of Derivative Proceeding to Foreign Limited Cooperative Associations - In any derivative proceeding in the right of a foreign...

Part 14 - Foreign Cooperatives

§ 7-58-1401. Authority to Transact Business or Conduct Activities Required - Part 8 of article 90 of this title, providing for...

§ 7-58-1402. Registered Agent - Service of Process - Part 7 of article 90 of this title, providing for...

Part 15 - Disposition of Assets

§ 7-58-1501. Disposition of Assets Not Requiring Member Approval - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1502. Member Approval of Other Disposition or Encumbrance of Assets - A sale, lease, exchange, license, or other disposition of assets...

§ 7-58-1503. Notice and Action on Disposition or Encumbrance of Assets - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1504. Disposition or Encumbrance of Assets - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

Part 16 - Conversion and Merger

§ 7-58-1601. Definitions - In this part 16, unless the context otherwise requires: Source:...

§ 7-58-1602. Conversion - A limited cooperative association may convert into any form of...

§ 7-58-1603. Action on Plan of Conversion by Converting Limited Cooperative Association - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1604. Merger - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1605. Notice and Action on Plan of Merger by Constituent Limited Cooperative Association - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1606. Approval or Abandonment of Merger by Members - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1607. Merger of Parent and Subsidiary - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1608. Filings Required for Conversion or Merger - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1609. Effect of Conversion or Merger - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1610. Consolidation - Source: L. 2011: Entire article added, (SB 11-191), ch. 197,...

§ 7-58-1611. Part Not Exclusive - This part 16 does not prohibit a limited cooperative association...

Part 17 - Miscellaneous Provisions

§ 7-58-1701. Uniformity of Application and Construction - In applying and construing this uniform act, consideration must be...

§ 7-58-1702. Relation to Electronic Signatures in Global and National Commerce Act - This article modifies, limits, or supersedes the federal "Electronic Signatures...

§ 7-58-1703. Saving Clause - This article does not affect an action or proceeding commenced,...

§ 7-58-1704. Effective Date - This article takes effect April 2, 2012. Source: L. 2011:...

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Colorado Code Title 7 - Corporations and Associations Article 58 - Uniform Limited Cooperative Association Act

Colorado Code
Title 7 - Corporations and Associations
Article 58 - Uniform Limited Cooperative Association Act