C.R.S. Section 7-30-109
Disposition of personal property of inactive nonprofit association


(1)

If a nonprofit association has been inactive for three years or longer, a person in possession or control of personal property of the nonprofit association may transfer the property:

(a)

If a document of the nonprofit association states a person to whom transfer is to be made under those circumstances, to that person; or

(b)

If no person is so stated, to a nonprofit association or nonprofit corporation pursuing broadly similar purposes or to a government, governmental subdivision, agency, or instrumentality.

Source: Section 7-30-109 — Disposition of personal property of inactive nonprofit association, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-07.­pdf (accessed Oct. 20, 2023).

Green check means up to date. Up to date

Current through Fall 2024

§ 7-30-109’s source at colorado​.gov