# C.R.S. § 7-114-304: 7-114-304. Decree of dissolution

> Colorado · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_CO_T7_A114_P3_S7-114-304

## Section

- **Citation:** C.R.S. § 7-114-304
- **Heading:** 7-114-304. Decree of dissolution
- **Jurisdiction:** Colorado
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** CO Code / Title 7 / Article 114 / Part 3 / Section 7-114-304

## Text

7-114-304. Decree of dissolution. (1) If after a hearing the court determines that one or more grounds for judicial dissolution described in section 7-114-301 exist, it may enter a decree dissolving the corporation and stating the effective date of the dissolution, and the clerk of the court shall deliver a certified copy of the decree to the secretary of state for filing pursuant to part 3 of article 90 of this title.

(2) After entering the decree of dissolution, the court shall direct the winding up and liquidation of the corporation's business and affairs in accordance with section 7-114-105 and the giving of notice to claimants in accordance with sections 7-90-911 and 7-90-912.

(3) The court's order or decision may be appealed as in other civil proceedings.

## Nearby sections

- [C.R.S. § 7-114-301 7-114-301. Grounds for judicial dissolution](https://www.frixlaw.com/law-library/statutes/STATE_CO_T7_A114_P3_S7-114-301.md)
- [C.R.S. § 7-114-302 7-114-302. Procedure for judicial dissolution](https://www.frixlaw.com/law-library/statutes/STATE_CO_T7_A114_P3_S7-114-302.md)
- [C.R.S. § 7-114-303 7-114-303. Receivership or custodianship](https://www.frixlaw.com/law-library/statutes/STATE_CO_T7_A114_P3_S7-114-303.md)
- [C.R.S. § 7-114-304 7-114-304. Decree of dissolution](https://www.frixlaw.com/law-library/statutes/STATE_CO_T7_A114_P3_S7-114-304.md)
- [C.R.S. § 7-114-305 7-114-305. Election to purchase in lieu of dissolution](https://www.frixlaw.com/law-library/statutes/STATE_CO_T7_A114_P3_S7-114-305.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CO_T7_A114_P3_S7-114-304. Check the current official text before relying on it. Not legal advice.