A member who has resigned shall have no right to participate in the management of the business and affairs of the limited liability company and is entitled only to receive the share of the profits or other compensation by way of income and the return of contributions, to which such member would have been entitled if the member had not resigned.
C.R.S. § 7-80-603
Interest of member upon resignation
Known as the Colorado Limited Liability Company Act
The act spans §§ 7-80-101 to 7-80-902 (57 sections).
Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.