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C.R.S. § 7-90-915

Manager duties

Known as the Colorado Corporations and Associations Act

The act spans §§ 7–7 (87 sections).

(1) A manager shall cause the dissolved domestic entity to discharge or make reasonable provision for the payment of claims and make distributions of assets to owners after payment or provision for claims. (2) A manager of a dissolved domestic entity that has disposed of claims under section 7-90-911 , 7-90-912 , or 7-90-914 is not liable for breach of subsection (1) of this section with respect to claims against the dissolved domestic entity that are barred or satisfied under section 7-90-911 , 7-90-912 , or 7-90-914 .

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.