reglab/housing_qa huggingface dataset:
CO Code § 7-106-301 (2021)
2021 Colorado Code|Title 7 - Corporations and Associations|Article 106 - Shares and Distributions|Part 3 - Subsequent Acquisition of Shares by Shareholders and Corporation|§ 7-106-301. Shareholders' Preemptive Rights

  The shareholders of a corporation do not have a preemptive right to acquire unissued shares except to the extent provided by subsections (3) to (6) of section 7-117-101 or the articles of incorporation.    A statement included in the articles of incorporation that “the corporation elects to have preemptive rights”, or words of similar import, means that the following principles apply, except to the extent otherwise provided by subsections (3) to (6) of section 7-117-101 or the articles of incorporation:   The shareholders have a preemptive right, subject to any uniform terms and conditions prescribed by the board of directors to provide a fair and reasonable opportunity to exercise the right, to acquire proportional amounts of the unissued shares upon the decision of the board of directors to issue them.    A shareholder may waive the shareholder's preemptive right, and such waiver, if evidenced by a writing, is irrevocable even though it is not supported by consideration.    There is no preemptive right with respect to:   Shares issued as compensation to directors, officers, agents, or employees of the corporation or its subsidiaries or affiliates;    Shares issued to satisfy conversion or option rights created to provide compensation to directors, officers, agents, or employees of the corporation or its subsidiaries or affiliates;    Shares that are issued within six months after the effective date of incorporation; or    Shares sold otherwise than for cash.       Holders of shares of any class without general voting rights but with preferential rights to distributions or assets have no preemptive rights with respect to shares of any class.    Holders of shares of any class with general voting rights but without preferential rights to distributions or assets have no preemptive rights with respect to shares of any class with preferential rights to distributions or assets unless the shares with preferential rights are convertible into or carry a right to subscribe for or acquire shares without preferential rights.    Shares subject to preemptive rights that are not acquired by shareholders may be issued to any person, for a period of one year after being offered to shareholders pursuant to such preemptive rights, at a consideration set by the board of directors that is not lower than the consideration set for the exercise of preemptive rights. An offer at a lower consideration or after the expiration of such one-year period is subject to the shareholders' preemptive rights.       For purposes of this section, “shares” includes a security convertible into or carrying a right to subscribe for or acquire shares.     History. Source: L. 93: Entire article added, p. 761, § 1, effective July 1, 1994.
CO Code § 7-106-402 (2021)
2021 Colorado Code|Title 7 - Corporations and Associations|Article 106 - Shares and Distributions|Part 4 - Distributions|§ 7-106-402. Unclaimed Distributions

 If a corporation has mailed three successive distributions to a shareholder addressed to the shareholder's address shown on the corporation's current record of shareholders and the distributions have been returned as undeliverable, no further attempt to deliver distributions to the shareholder need be made until another address for the shareholder is made known to the corporation, at which time all distributions accumulated by reason of this section shall, except as otherwise provided by law, be mailed to the shareholder at such other address.   History. Source: L. 93: Entire article added, p. 764, § 1, effective July 1, 1994.
CO Code § 7-107-101 (2021)
2021 Colorado Code|Title 7 - Corporations and Associations|Article 107 - Shareholders|Part 1 - Meetings|§ 7-107-101. Annual Meeting

  A corporation shall hold a meeting of shareholders annually at a time and date stated in or fixed in accordance with the bylaws, or, if not so stated or fixed, at a time and date stated in or fixed in accordance with a resolution of the board of directors.    Unless the board of directors determines to hold the meeting solely by means of remote communication in accordance with section 7-107-108:   Annual shareholders' meetings may be held in or out of this state at the place stated in or fixed in accordance with the bylaws, or, if not stated in or fixed in accordance with the bylaws, at a place stated in or fixed in accordance with a resolution of the board of directors.    If no place is stated in or fixed pursuant to subsection (2)(a) of this section, annual meetings shall be held at the corporation's principal office.       The failure to hold an annual meeting at the time determined pursuant to subsection (1) of this section does not affect the validity of any corporate action and does not work a forfeiture or dissolution of the corporation.     History. Source: L. 93: Entire article added, p. 764, § 1, effective July 1, 1994. L. 96: Entire section amended, p. 1315, § 15, effective June 1. L. 2021: (2) amended,(HB 21-1124), ch. 41, p. 164, § 9, effective April 19.    Editor's note:   Section 32 of chapter 41 (HB 21-1124), Session Laws of Colorado 2021, provides that the act changing this section applies to conduct occurring on or after April 19, 2021.
CO Code § 7-107-102 (2021)
2021 Colorado Code|Title 7 - Corporations and Associations|Article 107 - Shareholders|Part 1 - Meetings|§ 7-107-102. Special Meeting

  A corporation shall hold a special meeting of shareholders:   On call of its board of directors or the person or persons authorized by the bylaws or resolution of the board of directors to call such a meeting; or    If the corporation receives one or more written demands for the meeting, stating the purpose or purposes for which it is to be held, signed and dated by the holders of shares representing at least ten percent of all the votes entitled to be cast on any issue proposed to be considered at the meeting.       If not otherwise fixed under section 7-107-103 or 7-107-107, the record date for determining shareholders entitled to demand a special meeting pursuant to paragraph (b) of subsection (1) of this section is the date of the earliest of any of the demands pursuant to which the meeting is called, or the date that is sixty days before the date the first of such demands is received by the corporation, whichever is later.    Unless the board of directors determines to hold the meeting solely by means of remote communication in accordance with section 7-107-108:   Special shareholders' meetings may be held in or out of this state at the place stated in or fixed in accordance with the bylaws, or, if not stated in or fixed in accordance with the bylaws, at a place stated in or fixed in accordance with a resolution of the board of directors.    If no place is stated in or fixed pursuant to subsection (3)(a) of this section, special meetings shall be held at the corporation's principal office.       Only business within the purpose or purposes described in the notice of the meeting required by section 7-107-105 (3) may be conducted at a special shareholders' meeting.     History. Source: L. 93: Entire article added, p. 764, § 1, effective July 1, 1994. L. 96: (1)(a), (2), and (3) amended, p. 1316, § 16, effective June 1. L. 2021: (3) amended,(HB 21-1124), ch. 41, p. 165, § 10, effective April 19.    Editor's note:   Section 32 of chapter 41 (HB 21-1124), Session Laws of Colorado 2021, provides that the act changing this section applies to conduct occurring on or after April 19, 2021.
CO Code § 7-107-103 (2021)
2021 Colorado Code|Title 7 - Corporations and Associations|Article 107 - Shareholders|Part 1 - Meetings|§ 7-107-103. Court-Ordered Meeting

  The holding of a meeting of the shareholders may be summarily ordered by the district court for the county in this state in which the street address of the corporation's principal office is located or, if the corporation has no principal office in this state, by the district court for the county in which the street address of its registered agent is located or, if the corporation has no registered agent, by the district court for the city and county of Denver:   On application of any shareholder entitled to participate in an annual meeting if an annual meeting was not held within the earlier of six months after the close of the corporation's most recently ended fiscal year or fifteen months after its last annual meeting; or    On application of any person who participated in a call of or demand for a special meeting effective under section 7-107-102 (1), if:   Notice of the special meeting was not given within thirty days after the date of the call or the date the last of the demands necessary to require the calling of the meeting was received by the corporation pursuant to section 7-107-102 (1)(b), as the case may be; or    The special meeting was not held in accordance with the notice.          The court may fix the time and place of the meeting, determine the shares entitled to participate in the meeting, fix a record date for determining shareholders entitled to notice of and to vote at the meeting, prescribe the form and content of the notice of the meeting, fix the quorum required for specific matters to be considered at the meeting or direct that the votes represented at the meeting constitute a quorum for action on those matters, and enter other orders necessary or appropriate to accomplish the holding of the meeting.     History. Source: L. 93: Entire article added, p. 765, § 1, effective July 1, 1994. L. 96: IP(1) amended, p. 1316, § 17, effective June 1. L. 2003: IP(1) and (2) amended, p. 2317, § 234, effective July 1, 2004.    ANNOTATION   Law reviews. For article, “The 1985 Proposed Revisions to the Colorado Corporation Code”, see 14 Colo. Law. 34 (1985). For article, “1985 Amendments to the Colorado Corporation Code”, see 14 Colo. Law. 2173 (1985).   Annotator's note. Since § 7-107-103 is similar to § 7-4-111 as it existed prior to the 1993 recodification of the “Colorado Business Corporation Act”, articles 101 to 117 of title 7, cases construing that provision and its predecessors have been included in the annotations to this section.   Where there is conflict between the bylaws and this section as to who shall call special meetings, the statute is controlling. Grant v. Elder, 64 Colo. 104 , 170 P. 198 (1918).   Otherwise a special meeting has no legal capacity. Where the time designated by the bylaws for holding the annual stockholders' meeting has passed, unless a special meeting is called by the persons designated by this section, the special meeting has no legal capacity. Grant v. Elder, 64 Colo. 104 , 170 P. 198 (1918).
CO Code § 7-107-106 (2021)
2021 Colorado Code|Title 7 - Corporations and Associations|Article 107 - Shareholders|Part 1 - Meetings|§ 7-107-106. Waiver of Notice

  A shareholder may waive any notice required by articles 101 to 117 of this title or by the articles of incorporation or the bylaws, whether before or after the date or time stated in the notice as the date or time when any action will occur or has occurred. The waiver shall be in writing, be signed by the shareholder entitled to the notice, and be delivered to the corporation for inclusion in the minutes or filing with the corporate records, but such delivery and filing shall not be conditions of the effectiveness of the waiver.    A shareholder's attendance at a meeting:   Waives objection to lack of notice or defective notice of the meeting, unless the shareholder at the beginning of the meeting objects to holding the meeting or transacting business at the meeting because of lack of notice or defective notice; and    Waives objection to consideration of a particular matter at the meeting that is not within the purpose or purposes described in the meeting notice, unless the shareholder objects to considering the matter when it is presented.        History. Source: L. 93: Entire article added, p. 767, § 1, effective July 1, 1994.
CO Code § 7-107-107 (2021)
2021 Colorado Code|Title 7 - Corporations and Associations|Article 107 - Shareholders|Part 1 - Meetings|§ 7-107-107. Record Date

  The bylaws may fix or provide the manner of fixing a future date as the record date for one or more voting groups in order to determine the shareholders entitled to be given notice of a shareholders' meeting, to demand a special meeting, to vote, or to take any other action, and if the bylaws do not fix or provide for fixing a record date, the board of directors may fix a future date as the record date; except that the record date for determining the shareholders entitled to take action without a meeting or entitled to be given notice of action so taken shall be determined as provided in section 7-107-104 (4).    A record date fixed under this section shall not be more than seventy days before the meeting or action requiring a determination of shareholders.    A determination of shareholders entitled to be given notice of or to vote at a shareholders' meeting is effective for any adjournment of the meeting unless the board of directors fixes a new record date, which it shall do if the meeting is adjourned to a date more than one hundred twenty days after the date fixed for the original meeting.    If a court orders a meeting adjourned to a date more than one hundred twenty days after the date fixed for the original meeting, it may provide that the original record date continues in effect or it may fix a new record date.     History. Source: L. 93: Entire article added, p. 768, § 1, effective July 1, 1994.    ANNOTATION   Law reviews. For article, “1959 Amendments to the Colorado Corporation Code”, see 36 Dicta 489 (1959).   Annotator's note. Since § 7-107-107 is similar to § 7-4-113 as it existed prior to the 1993 recodification of the “Colorado Business Corporation Act”, articles 101 to 117 of title 7, cases construing that provision and its predecessors have been included in the annotations to this section.   Corporation elections cannot be stopped to settle questions of legal title, and it is important to the interests of the corporation that their elections should proceed under their own rules and with their own officers. Fehr v. Hadden, 134 Colo. 102 , 300 P.2d 533 (1956) (decided under repealed § 31-2-7 , CRS 53).
CO Code § 7-107-108 (2021)
2021 Colorado Code|Title 7 - Corporations and Associations|Article 107 - Shareholders|Part 1 - Meetings|§ 7-107-108. Remote Participation in Shareholders' Meetings - Meetings Held Solely by Remote Participation

  Shareholders of any class or series of shares may participate in any meeting of shareholders by means of remote communication to the extent the board of directors authorizes participation for that class or series. Participation as a shareholder by means of remote communication is subject to such guidelines and procedures as the board of directors adopts and must be in conformity with subsection (2) of this section.    Shareholders participating in a shareholders' meeting by means of remote communication shall be deemed present and may vote at such a meeting if the corporation has implemented reasonable measures to:   Verify that each person participating remotely as a shareholder is a shareholder; and    Provide the shareholders a reasonable opportunity to participate in the meeting and to vote on matters submitted to the shareholders, including an opportunity to communicate and to read or hear the proceedings of the meeting, substantially concurrently with the proceedings.       Unless the bylaws require the meeting of shareholders to be held at a place, the board of directors may determine that a meeting of shareholders will not be held at any place and instead will be held solely by means of remote communication, but only if the corporation implements the measures specified in subsection (2) of this section.     History. Source: L. 93: Entire article added, p. 768, § 1, effective July 1, 1994. L. 2021: Entire section R&RE,(HB 21-1124), ch. 41, p. 167, § 13, effective April 19.    Editor's note:   Section 32 of chapter 41 (HB 21-1124), Session Laws of Colorado 2021, provides that the act repealing and reenacting this section applies to conduct occurring on or after April 19, 2021.
CO Code § 7-107-204 (2021)
2021 Colorado Code|Title 7 - Corporations and Associations|Article 107 - Shareholders|Part 2 - Voting|§ 7-107-204. Shares Held by Intermediaries and Nominees

  A corporation's board of directors may establish a procedure by which a beneficial owner is recognized by the corporation in its records as the shareholder. The extent, terms, conditions, and limitations of this treatment must be specified in the procedure so established. To the extent that the beneficial owner is treated under the procedure as having rights or privileges that the shareholder otherwise would have, the shareholder does not have those rights or privileges.    The procedure described in subsection (1) of this section must specify:   The types of intermediaries or nominees to which it applies;    The rights or privileges that the corporation recognizes in a beneficial owner, which may include rights or privileges other than voting;    The manner in which the procedure may be used by the intermediary or nominee;    The information that shall be provided by the intermediary or nominee when the procedure is used;    The period for which the intermediary's or nominee's use of the procedure is effective;    Requirements for notice to the corporation with respect to the arrangement, including any requirements for the deposit with the corporation of the beneficial ownership certificate;    The form and contents of the beneficial ownership certificate; and    Other aspects of the rights and duties thereby created.        History. Source: L. 93: Entire article added, p. 772, § 1, effective July 1, 1994. L. 2003: IP(2) amended, p. 2319, § 237, effective July 1, 2004. L. 2019: Entire section amended,(SB 19-086), ch. 166, p. 1928, § 32, effective July 1, 2020.    ANNOTATION   Law reviews. For article, “1984 Revisions to the Colorado Corporation Code: Effective March 1984”, see 13 Colo. Law. 993 (1984).
CO Code § 7-107-206 (2021)
2021 Colorado Code|Title 7 - Corporations and Associations|Article 107 - Shareholders|Part 2 - Voting|§ 7-107-206. Quorum and Voting Requirements for Voting Groups

  Shares entitled to vote as a separate voting group may take action on a matter at a meeting only if a quorum of those shares exists with respect to that matter. Unless otherwise provided in articles 101 to 117 of this title or in the articles of incorporation, a majority of the votes entitled to be cast on the matter by the voting group constitutes a quorum of that voting group for action on that matter, but a quorum shall not consist of fewer than one-third of the votes entitled to be cast on the matter by the voting group.    Once a share is represented for any purpose at a meeting, including the purpose of determining that a quorum exists, it is deemed present for quorum purposes for the remainder of the meeting and for any adjournment of that meeting, unless otherwise provided in the articles of incorporation or unless a new record date is or shall be set for that adjourned meeting.    If a quorum exists, action on a matter other than the election of directors by a voting group is approved if the votes cast within the voting group favoring the action exceed the votes cast within the voting group opposing the action, unless a greater number of affirmative votes is required by articles 101 to 117 of this title or the articles of incorporation.    An amendment to the articles of incorporation adding, changing, or deleting a quorum or voting requirement for a voting group greater than that specified in subsection (1) or (3) of this section is governed by section 7-107-208 (2).    The election of directors is governed by section 7-107-209.     History. Source: L. 93: Entire article added, p. 774, § 1, effective July 1, 1994.
CO Code § 7-107-207 (2021)
2021 Colorado Code|Title 7 - Corporations and Associations|Article 107 - Shareholders|Part 2 - Voting|§ 7-107-207. Action by Single and Multiple Voting Groups

  If articles 101 to 117 of this title or the articles of incorporation provide for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in section 7-107-206.    If articles 101 to 117 of this title or the articles of incorporation provide for voting by two or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in section 7-107-206. One voting group may vote on a matter even though no action is taken by another voting group entitled to vote on the matter.     History. Source: L. 93: Entire article added, p. 774, § 1, effective July 1, 1994.
CO Code § 7-107-208 (2021)
2021 Colorado Code|Title 7 - Corporations and Associations|Article 107 - Shareholders|Part 2 - Voting|§ 7-107-208. Greater Quorum or Voting Requirements

  The articles of incorporation or, if authorized by the articles of incorporation, bylaws adopted by the shareholders may provide for a greater quorum or voting requirement for shareholders or voting groups than is provided for by articles 101 to 117 of this title.    An amendment to the articles of incorporation that adds, changes, or deletes a greater quorum or voting requirement shall meet the same quorum requirement and be adopted by the same vote and voting groups required to take action under the quorum and voting requirements then in effect or proposed to be adopted, whichever is greater.     History. Source: L. 93: Entire article added, p. 775, § 1, effective July 1, 1994.
CO Code § 7-107-301 (2021)
2021 Colorado Code|Title 7 - Corporations and Associations|Article 107 - Shareholders|Part 3 - Voting Trusts and Agreements|§ 7-107-301. Voting Trusts

  One or more shareholders may create a voting trust, conferring on a trustee the right to vote or otherwise act for them, by signing an agreement setting out the provisions of the trust and by transferring their shares to the trustee. When a voting trust agreement is signed, the trustee shall prepare a list of the names and addresses of all owners of beneficial interests in the trust, together with the number and class of shares each transferred to the trust, and promptly cause the corporation to receive copies of the list and agreement. Thereafter, the trustee shall cause the corporation to receive changes to the list promptly as they occur and amendments to the agreement promptly as they are made.    A voting trust becomes effective on the date the first shares subject to the trust are registered in the trustee's name. A voting trust is valid for not more than ten years after its effective date unless extended under subsection (3) of this section.    All or some of the parties to a voting trust may extend it for additional terms of not more than ten years each by signing an extension agreement and obtaining the trustee's written consent to the extension. An extension is valid for not more than ten years after the date the first shareholder signs the extension agreement, unless such signing occurs within two years before the expiration date of the voting trust as originally fixed or as last extended, in which case the extension is valid for not more than ten years after the expiration date of the voting trust as originally fixed or last extended. The trustee shall cause the corporation to receive copies of the extension agreement. An extension agreement binds only those parties signing it.     History. Source: L. 93: Entire article added, p. 776, § 1, effective July 1, 1994.