C.R.S. Section 7-90-911
Disposition of known claims by notification

  • definitions

(1)

A dissolved domestic entity may dispose of claims against it by following the procedures described in this section.

(2)

A dissolved domestic entity may deliver notice under this subsection (2) to any person at any time on or after the effective date of the dissolution. The notice contemplated in this subsection (2) must state that, unless sooner barred by any other statute limiting actions, any claim of that person against the dissolved domestic entity will be barred if an action to enforce the claim is not commenced by a deadline that is stated in the notice, which deadline shall not be less than two years after the delivery of notice. The notice may contain such other information as the dissolved entity determines to include, including information regarding procedures facilitating the processing of claims against the dissolved entity; except that no obligations on persons having claims against the dissolved entity shall be imposed or implied that do not exist at law.

(3)

Unless sooner barred by any other statute limiting actions, a person’s claim against the dissolved domestic entity is barred if the dissolved entity delivers a notice of dissolution as contemplated by subsection (2) of this section and an action to enforce the claim is not commenced by the deadline stated in the notice.

(4)

Intentionally left blank —Ed.

(a)

For purposes of this section, “claim” does not include a contingent liability or a claim based on an event occurring after the effective date of dissolution. For purposes of this section, an action to enforce a claim includes an arbitration under any agreement for binding arbitration between the dissolved domestic entity and the person making the claim and includes a civil action.

(b)

For purposes of this section and sections 7-90-912 and 7-90-913, “dissolved domestic entity” means a dissolved domestic cooperative other than a domestic cooperative formed under article 55 of this title, a dissolved domestic corporation, a dissolved domestic limited liability company, or a dissolved domestic nonprofit corporation.

Source: Section 7-90-911 — Disposition of known claims by notification - definitions, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-07.­pdf (accessed Oct. 20, 2023).

7‑90‑101
Short title 7‑90‑102
Definitions 7‑90‑102.5
Relationship between constituent documents and organic statutes 7‑90‑103
Reservation of power to amend or repeal 7‑90‑104
Nonapplication of uniform commercial code to owner’s interest 7‑90‑105
Notice 7‑90‑106
Relation to electronic signatures in global and national commerce act 7‑90‑201
Conversion of an entity 7‑90‑201.3
Plan of conversion 7‑90‑201.4
Approval of plan of conversion 7‑90‑201.7
Statement of conversion - when conversion effective 7‑90‑202
Effect of conversion - entity unchanged 7‑90‑203
Merger of entities 7‑90‑203.1
Exchange of owner’s interest 7‑90‑203.3
Plan of merger - plan of exchange 7‑90‑203.4
Approval of plan of merger or exchange 7‑90‑203.7
Statement of merger - when merger effective 7‑90‑203.8
Statement of owner’s interest exchange 7‑90‑204
Effect of merger 7‑90‑204.3
Effect of an exchange 7‑90‑204.5
Foreign entity resulting from conversion or surviving merger 7‑90‑205.5
Abandonment or amendment of plan of merger, plan of conversion, or plan of exchange 7‑90‑206
Appraisal rights, prohibitions, restrictions, and requirements 7‑90‑301
Filing requirements 7‑90‑301.5
Act of causing document to be delivered for filing 7‑90‑302
Forms and cover sheets - secretary of state to furnish upon request 7‑90‑303
Filing, service, and copying fees - subpoenas 7‑90‑304
Effective time and date of filed document 7‑90‑304.5
Restated constituent filed document 7‑90‑305
Correcting filed document 7‑90‑305.5
Statement of change 7‑90‑306
Filing duty of secretary of state - manner of filing - definition 7‑90‑307
Appeal from secretary of state’s refusal to file document 7‑90‑308
Evidentiary effect of copy of filed document 7‑90‑309
Certificates issued by secretary of state 7‑90‑310
Proof of delivery for filing 7‑90‑313
Remedy for failure or refusal to file - presumptions 7‑90‑314
Fraudulent filings - complaint - review - referral to attorney general - referral to administrative law judge - marking filing as fraudulent - deceptive trade practice 7‑90‑401
Powers 7‑90‑402
Interrogatories by secretary of state 7‑90‑403
Notices by the secretary of state 7‑90‑404
Distribution of information - student loan repayment and loan forgiveness programs 7‑90‑501
Periodic reports 7‑90‑601
Entity name 7‑90‑601.5
Domestic entity name and trade name of dissolved domestic entity 7‑90‑601.6
Entity name of delinquent entity 7‑90‑601.7
Foreign entity name and trade name of withdrawn foreign entity 7‑90‑602
Reserved entity name 7‑90‑603
Assumed entity name of foreign entity 7‑90‑604
Registered true name of a foreign entity 7‑90‑701
Registered agent 7‑90‑702
Change or resignation of registered agent 7‑90‑703
Correction of registered agent 7‑90‑704
Service on entities 7‑90‑705
Change of principal office address 7‑90‑707
Commercial registered agent 7‑90‑708
Termination of commercial registered agent listing 7‑90‑709
Change of commercial registered agent name or address 7‑90‑710
Listing of entities represented by commercial registered agents 7‑90‑801
Authority to transact business or conduct activities required 7‑90‑802
Consequences of transacting business or conducting activities without authority 7‑90‑803
Statement of foreign entity authority to transact business or conduct activities 7‑90‑804
Change of statement of foreign entity authority to transact business or conduct activities 7‑90‑805
Effect of statement of foreign entity authority 7‑90‑806
Withdrawal of foreign entity 7‑90‑807
Service on withdrawn foreign entity 7‑90‑811
Application to existing foreign entities 7‑90‑812
Foreign general partnerships 7‑90‑813
Title 12 limitations 7‑90‑901
Grounds for delinquency 7‑90‑902
Declaration of delinquency 7‑90‑903
Effect of delinquency 7‑90‑904
Cure of delinquency 7‑90‑905
Appeal from declaration of delinquency 7‑90‑906
Limited liability partnerships and limited liability limited partnerships 7‑90‑908
Dissolution of delinquent entity 7‑90‑910
Effect of dissolution under section 7-90-908 7‑90‑911
Disposition of known claims by notification - definitions 7‑90‑912
Disposition of claims by publication 7‑90‑913
Enforcement of claims against a dissolved domestic entity 7‑90‑914
Court proceedings 7‑90‑915
Manager duties 7‑90‑1001
Reinstatement after dissolution 7‑90‑1002
Vote or consent required - effect of opposition 7‑90‑1003
Articles of reinstatement 7‑90‑1004
Entity name upon reinstatement 7‑90‑1005
Effect of reinstatement
Green check means up to date. Up to date

Current through Fall 2024

§ 7-90-911’s source at colorado​.gov