reglab/statecodes huggingface dataset:
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 113 - APPRAISAL RIGHTS (§§ 7-113-101 — 7-113-401) › Part 2 - PROCEDURE FOR EXERCISE OF APPRAISAL RIGHTS (§§ 7-113-201 — 7-113-207) › Section 7-113-206 - After-acquired shares

(1)
The corporation may elect to withhold payment otherwise required by section
7-113-205
from any shareholder that was required to certify, but did not certify, that beneficial ownership of all of the shareholder's shares for which appraisal rights are asserted was acquired before the date set forth in the appraisal notices sent pursuant to section
7-113-203 (2)(a)
.
(2)
If the corporation elected to withhold payment under subsection (1) of this section, it must, within thirty days after the date specified in section
7-113-203 (2)(b)(II)
, notify all shareholders that are described in subsection (1) of this section:
(a)
Of the information required by section
7-113-205 (2)(a)
;
(b)
Of the corporation's estimate of fair value pursuant to section
7-113-205 (2)(b)
;
(c)
That they may accept the corporation's estimate of fair value, plus interest, in full satisfaction of their demands or demand appraisal under section
7-113-207
;
(d)
That those shareholders that wish to accept the offer must notify the corporation of their acceptance of the corporation's offer within thirty days after receiving the offer; and
(e)
That those shareholders who do not satisfy the requirements for demanding appraisal under section
7-113-207
shall be deemed to have accepted the corporation's offer.
(3)
Within ten days after receiving the shareholder's acceptance pursuant to subsection (2)(d) of this section, the corporation shall pay in cash the amount it offered under section
7-113-206 (2)(b)
to each shareholder that agreed to accept the corporation's offer in full satisfaction of the shareholder's demand.
(4)
Within forty days after sending the notice described in subsection (2) of this section, the corporation shall pay in cash the amount it offered to pay under subsection (2)(b) of this section to each shareholder described in subsection (3) of this section.
Amended by 2019 Ch. 166, § 56, eff. 7/1/2020.
L. 2019: Entire article R&RE, (SB 19-086), ch. 1956, p. 1956, § 56, effective 7/1/2020.
This section is similar to former § 7-113-208 as it existed prior to July 1, 2020, and the former § 7-113-206 was relocated to §
7-113-205
.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 113 - APPRAISAL RIGHTS (§§ 7-113-101 — 7-113-401) › Part 2 - PROCEDURE FOR EXERCISE OF APPRAISAL RIGHTS (§§ 7-113-201 — 7-113-207) › Section 7-113-207 - Procedure if shareholder is dissatisfied with payment or offer

(1)
A shareholder that is paid pursuant to section
7-113-205
and is dissatisfied with the amount of the payment must notify the corporation in writing of that shareholder's estimate of the fair value of the shares and demand payment of that estimate, plus interest, less any payment made under section
7-113-205
. A shareholder that is offered payment under section
7-113-206
and is dissatisfied with that offer must reject the offer and demand payment of the shareholder's stated estimate of the fair value of the shares, plus interest.
(2)
A shareholder that fails to notify the corporation in writing of that shareholder's demand to be paid the shareholder's stated estimate of the fair value plus interest under subsection (1) of this section within thirty days after receiving the corporation's payment or offer of payment under section
7-113-205
or
7-113-206
, respectively, waives the right to demand payment under this section and is entitled only to the payment made or offered pursuant to those respective sections.
Amended by 2019 Ch. 166, § 56, eff. 7/1/2020.
L. 2019: Entire article R&RE, (SB 19-086), ch. 1957, p. 1957, § 56, effective 7/1/2020.
This section is similar to former § 7-113-209 as it existed prior to July 1, 2020.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 113 - APPRAISAL RIGHTS (§§ 7-113-101 — 7-113-401) › Part 3 - JUDICIAL APPRAISAL OF SHARES (§§ 7-113-301 — 7-113-302) › Section 7-113-302 - Court costs and expenses

(1)
The court in an appraisal proceeding commenced under section
7-113-301
shall determine all costs of the proceeding, including the reasonable compensation and expenses of appraisers appointed by the court. The court shall assess the costs against the corporation; except that the court may assess costs against all or some of the shareholders demanding appraisal, in amounts the court finds equitable, to the extent the court finds the shareholders acted arbitrarily, vexatiously, or not in good faith with respect to the rights provided by this article 113.
(2)
The court in an appraisal proceeding may also assess the fees and expenses of the respective parties, in amounts the court finds equitable:
(a)
Against the corporation and in favor of any or all shareholders demanding appraisal if the court finds the corporation did not substantially comply with section
7-113-201
,
7-113-203
,
7-113-205
, or
7-113-206
; or
(b)
Against either the corporation or one or more shareholders demanding appraisal, in favor of any other party, if the court finds that the party against whom the fees and expenses are assessed acted arbitrarily, vexatiously, or not in good faith with respect to the rights provided by this article 113.
(3)
If the court in an appraisal proceeding finds that the expenses incurred by any shareholder were of substantial benefit to other shareholders similarly situated and that the expenses should not be assessed against the corporation, the court may direct that the expenses be paid out of the amounts awarded to the shareholders who were benefited.
(4)
To the extent the corporation fails to make a required payment pursuant to section
7-113-205
,
7-113-206
, or
7-113-207
, the shareholder may sue directly for the amount owed and, to the extent successful, is entitled to recover from the corporation all expenses of the suit, including reasonable attorney fees.
Amended by 2019 Ch. 166, § 56, eff. 7/1/2020.
L. 93: Entire article added, p. 821, § 1, effective 7/1/1994. L. 2003: (2)(a) amended, p. 2327, § 262, effective 7/1/2004.
This section is similar to former § 7-113-302 as it existed prior to July 1, 2020.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 113 - APPRAISAL RIGHTS (§§ 7-113-101 — 7-113-401) › Part 4 - OTHER REMEDIES (§ 7-113-401) › Section 7-113-401 - Other remedies limited

(1)
The legality of a proposed or completed corporate action described in section
7-113-102 (1)
may not be contested, nor may the corporate action be enjoined, set aside, or rescinded, in a legal or equitable proceeding by a shareholder after the shareholders have approved the corporate action.
(2)
Subsection (1) of this section does not apply to a corporate action that:
(a)
Was not authorized and approved in accordance with the applicable provisions of:
(I)
Article 109, 110, 111, or 112 of this title 7;
(II)
The articles of incorporation or bylaws; or
(III)
The resolution of the board of directors authorizing the corporate action;
(b)
Was procured as a result of fraud, a material misrepresentation, or an omission of a material fact necessary to make statements made, in light of the circumstances in which they were made, not misleading;
(c)
Is an interested transaction, unless it has been recommended by the board of directors in the same manner as is provided in section
7-108-501
and has been approved by the shareholders, in the same manner as is provided in section
7-108-501
, as if the interested transaction were a director's conflicting interest transaction; or
(d)
Was approved by less than unanimous consent of the voting shareholders pursuant to section
7-107-104
if:
(I)
The challenge to the corporate action is brought by a shareholder that did not consent and as to whom notice of the approval of the corporate action was not effective at least ten days before the corporate action was effected; and
(II)
The proceeding challenging the corporate action is commenced within ten days after notice of the approval of the corporate action is effective as to the shareholder bringing the proceeding.
Added by 2019 Ch. 166, § 56, eff. 7/1/2020.
L. 2019: Entire article R&RE, (SB 19-086), ch. 1960, p. 1960, § 56, effective 7/1/2020.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 1 - VOLUNTARY DISSOLUTION (§§ 7-114-101 — 7-114-109) › Section 7-114-101 - Authorization of dissolution before issuance of shares

If a corporation has not yet issued shares, a majority of its directors or, if no directors have been elected, a majority of its incorporators may authorize the dissolution of the corporation.
L. 93: Entire article added, p. 822, § 1, effective 7/1/1994.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 1 - VOLUNTARY DISSOLUTION (§§ 7-114-101 — 7-114-109) › Section 7-114-102 - Authorization of dissolution after issuance of shares

(1)
After shares have been issued, dissolution of a corporation may be authorized in the manner provided in subsection (2) of this section.
(2)
For a proposal to dissolve the corporation to be authorized:
(a)
The board of directors shall adopt the proposal to dissolve;
(b)
The board of directors shall recommend the proposal to dissolve to the shareholders unless the board of directors determines that, because of conflict of interest or other special circumstances, it should make no recommendation and communicates the basis for its determination to the shareholders; and
(c)
The shareholders entitled to vote on the proposal to dissolve shall approve the proposal to dissolve as provided in subsection (5) of this section.
(3)
The board of directors may condition the effectiveness of the dissolution on any basis.
(4)
The corporation shall give notice, in accordance with section
7-107-105
, to each shareholder entitled to vote on the proposal of the shareholders' meeting at which the proposal to dissolve will be voted upon. The notice shall state that the purpose, or one of the purposes, of the meeting is to consider the proposal to dissolve the corporation, and the notice shall contain or be accompanied by a copy of the proposal or a summary thereof.
(5)
Unless articles
101
to
117
of this title (including the provisions of section
7-117-101 (10)
), the articles of incorporation, bylaws adopted by the shareholders, or the board of directors acting pursuant to subsection (3) of this section require a greater vote, the proposal to dissolve shall be approved by each voting group entitled to vote separately on the proposal by a majority of all the votes entitled to be cast on the proposal by that voting group.
L. 93: Entire article added, p. 822, § 1, effective 7/1/1994.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 1 - VOLUNTARY DISSOLUTION (§§ 7-114-101 — 7-114-109) › Section 7-114-102.5 - Dissolution upon expiration of period of duration

(1)
A corporation shall be dissolved upon and by reason of the expiration of its period of duration, if any, stated in its articles of incorporation.
(2)
A provision in the articles of incorporation to the effect that the corporation or its existence shall be terminated at a stated date or after a stated period of time or upon a contingency, or any similar provision, shall be deemed to be a provision for a period of duration within the meaning of this section, and the occurrence of such date, the expiration of the stated period of time, the occurrence of such contingency, or the satisfaction of such provision shall be deemed to be the expiration of the corporation's period of duration for purposes of this section.
L. 96: Entire section added, p. 1324, § 34, effective June 1. L. 2003: (2) amended, p. 2327, § 263, effective 7/1/2004.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 1 - VOLUNTARY DISSOLUTION (§§ 7-114-101 — 7-114-109) › Section 7-114-103 - Articles of dissolution

(1)
At any time after dissolution is authorized, the corporation may dissolve by delivering to the secretary of state, for filing pursuant to part 3 of article
90
of this title, articles of dissolution stating:
(a)
The domestic entity name of the corporation;
(b)
The principal office address of the corporation's principal office; and
(c)
That the corporation is dissolved.
(d) to (f)
(Deleted by amendment, L. 2004, p. 1506, § 280, effective July 1, 2004.)
(2)
A corporation is dissolved upon the effective date of its articles of dissolution.
(3)
Repealed.
(4)
Articles of dissolution need not be filed by a corporation that is dissolved pursuant to section
7-114-102.5
.
L. 93: Entire article added, p. 823, § 1, effective 7/1/1994. L. 96: (3) repealed and (4) added, pp. 1324, 1325, §§ 35, 36, effective June 1. L. 2002: IP(1) amended, p. 1850, § 121, effective July 1; IP(1) amended, p. 1715, § 121, effective October 1. L. 2003: IP(1), (1)(a), and (1)(b) amended, p. 2328, § 264, effective 7/1/2004. L. 2004: (1)(c), (1)(d), (1)(e), and (1)(f) amended, p. 1506, § 280, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 1 - VOLUNTARY DISSOLUTION (§§ 7-114-101 — 7-114-109) › Section 7-114-103.5 - [Repealed]

L. 96: Entire section added, p. 1324, § 34, effective June 1. L. 2000: Entire section amended, p. 979, § 63, effective July 1. L. 2003: (2) added by revision, pp. 2356, 2357, §§ 347, 348.
Subsection (2) provided for the repeal of this section, effective July 1, 2004. (See L. 2003, pp. 2356, 2357.)
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 1 - VOLUNTARY DISSOLUTION (§§ 7-114-101 — 7-114-109) › Section 7-114-104 - [Repealed]

L. 93: Entire article added, p. 823, § 1, effective 7/1/1994. L. 2000: (3)(a) and (5) amended, p. 979, § 64, effective July 1. L. 2002: IP(3) and (4) amended, p. 1850, § 122, effective July 1; IP(3) and (4) amended, p. 1715, § 122, effective October 1. L. 2003: IP(3), (3)(a), (4), and (5) amended, p. 2328, § 265, effective 7/1/2004. L. 2004: Entire section repealed, p. 1507, § 281, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 1 - VOLUNTARY DISSOLUTION (§§ 7-114-101 — 7-114-109) › Section 7-114-105 - Effect of dissolution

(1)
A dissolved corporation continues its corporate existence but may not carry on any business except as is appropriate to wind up and liquidate its business and affairs, including:
(a)
Collecting its assets;
(b)
Disposing of its properties that will not be distributed in kind to its shareholders;
(c)
Discharging or making provision for discharging its liabilities;
(d)
Distributing its remaining property among its shareholders according to their interests; and
(e)
Doing every other act necessary to wind up and liquidate its business and affairs.
(2)
Dissolution of a corporation does not:
(a)
Transfer title to the corporation's property;
(b)
Prevent transfer of its shares or securities, although the authorization to dissolve may provide for closing the corporation's share transfer records;
(c)
Subject its directors or officers to standards of conduct different from those prescribed in article
108
of this title;
(d)
Change quorum or voting requirements for its board of directors or shareholders; change provisions for selection, resignation, or removal of its directors or officers or both; or change provisions for amending its bylaws or its articles of incorporation;
(e)
Prevent commencement of a proceeding by or against the corporation in its name; or
(f)
Abate or suspend a proceeding pending by or against the corporation on the effective date of dissolution.
(3)
A dissolved corporation may dispose of claims against it pursuant to sections
7-90-911
and
7-90-912
.
L. 93: Entire article added, p. 824, § 1, effective 7/1/1994. L. 2004: (2)(e) amended, p. 1508, § 282, effective July 1. L. 2006: (3) added, p. 881, § 75, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 1 - VOLUNTARY DISSOLUTION (§§ 7-114-101 — 7-114-109) › Section 7-114-106 - [Repealed]

L. 93: Entire article added, p. 825, § 1, effective 7/1/1994. L. 96: (2) amended, p. 1325, § 37, effective June 1. L. 2006: Entire section repealed, p. 884, § 87, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 1 - VOLUNTARY DISSOLUTION (§§ 7-114-101 — 7-114-109) › Section 7-114-107 - [Repealed]

L. 93: Entire article added, p. 826, § 1, effective 7/1/1994. L. 2003: (2)(a) amended, p. 2328, § 266, effective 7/1/2004. L. 2006: Entire section repealed, p. 884, § 87, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 1 - VOLUNTARY DISSOLUTION (§§ 7-114-101 — 7-114-109) › Section 7-114-108 - [Repealed]

L. 93: Entire article added, p. 827, § 1, effective 7/1/1994. L. 2006: Entire section repealed, p. 884, § 87, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 1 - VOLUNTARY DISSOLUTION (§§ 7-114-101 — 7-114-109) › Section 7-114-109 - [Repealed]

L. 93: Entire article added, p. 827, § 1, effective 7/1/1994. L. 96: (1)(a) amended, p. 1325, § 38, effective June 1. L. 2003: (4) added by revision, pp. 2356, 2357, §§ 347, 348.
Subsection (4) provided for the repeal of this section, effective July 1, 2004. (See L. 2003, pp. 2356, 2357.)
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 2 - ADMINISTRATIVE DISSOLUTION (§§ 7-114-201 — 7-114-204) › Section 7-114-201 - [Repealed]

L. 93: Entire article added, p. 828, § 1, effective 7/1/1994. L. 96: (1)(c) amended, p. 1325, § 39, effective June 1. L. 2000: (1)(b) amended, p. 980, § 65, effective July 1. L. 2003: (1)(a), (1)(b), (1)(c), and (1)(d) amended, p. 2328, § 267, effective 7/1/2004. L. 2004: (1)(b) amended, p. 1508, § 283, effective July 1. L. 2005: Entire section repealed, p. 1218, § 26, effective October 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 2 - ADMINISTRATIVE DISSOLUTION (§§ 7-114-201 — 7-114-204) › Section 7-114-202 - [Repealed]

L. 93: Entire article added, p. 828, § 1, effective 7/1/1994. L. 94: (1) and (2) amended, p. 75, § 1, effective July 1. L. 2003: (2), (3), (4), and (5) amended, p. 2329, § 268, effective 7/1/2004. L. 2005: Entire section repealed, p. 1218, § 26, effective October 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 2 - ADMINISTRATIVE DISSOLUTION (§§ 7-114-201 — 7-114-204) › Section 7-114-203 - [Repealed]

L. 93: Entire article added, p. 829, § 1, effective 7/1/1994. L. 94: (3) amended, p. 75, § 2, effective July 1. L. 96: (1)(e) amended, p. 1326, § 40, effective June 1. L. 2000: (1)(a) and (1)(c) amended, p. 980, § 66, effective July 1. L. 2002: IP(1), (2), and (3) amended, p. 1850, § 123, effective July 1; IP(1), (2), and (3) amended, p. 1715, § 123, effective October 1. L. 2003: (5) added by revision, pp. 2356, 2357, §§ 347, 348.
Subsection (5) provided for the repeal of this section, effective July 1, 2004. (See L. 2003, pp. 2356, 2357.)
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 2 - ADMINISTRATIVE DISSOLUTION (§§ 7-114-201 — 7-114-204) › Section 7-114-204 - [Repealed]

L. 93: Entire article added, p. 830, § 1, effective 7/1/1994. L. 94: (1) and (2) amended, p. 76, § 3, effective July 1. L. 96: (2) amended, p. 1326, § 41, effective June 1. L. 2003: (5) added by revision, pp. 2356, 2357, §§ 347, 348.
Subsection (5) provided for the repeal of this section, effective July 1, 2004. (See L. 2003, pp. 2356, 2357.)
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 3 - JUDICIAL DISSOLUTION (§§ 7-114-301 — 7-114-305) › Section 7-114-302 - Procedure for judicial dissolution

(1)
A proceeding by the attorney general to dissolve a corporation shall be brought in the district court for the county in this state in which the street address of the corporation's principal office or the street address of its registered agent is located or, if the corporation has no principal office in this state and no registered agent, in the district court for the city and county of Denver. A proceeding brought by any other party named in section
7-114-301
shall be brought in the district court for the county in this state in which the street address of the corporation's principal office is located or, if it has no principal office in this state, in 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, in the district court for the city and county of Denver.
(2)
It is not necessary to make shareholders parties to a proceeding to dissolve a corporation unless relief is sought against them individually.
(3)
A court in a proceeding brought to dissolve a corporation may issue injunctions, appoint a receiver or custodian pendente lite with all powers and duties the court directs, take other action required to preserve the corporate assets wherever located, and carry on the business of the corporation until a full hearing can be held.
(4)
Within ten days after the commencement of a proceeding to dissolve a corporation under section
7-114-301 (2)
, the corporation shall send to all shareholders, other than the petitioner, a notice stating that the shareholders are entitled to avoid the dissolution of the corporation by electing to purchase the petitioner's shares under section
7-114-305
and accompanied by a copy of section
7-114-305
.
Amended by 2019 Ch. 166, § 58, eff. 7/1/2020.
L. 93: Entire article added, p. 831, § 1, effective 7/1/1994. L. 96: (1) amended, p. 1326, § 42, effective June 1. L. 2003: (1) amended, p. 2330, § 269, effective 7/1/2004. L. 2019: (4) added, (SB 19-086), ch. 1961, p. 1961, § 58, effective 7/1/2020.
Section 72 of chapter 166 (SB 19-086), Session Laws of Colorado 2019, provides that the act changing this section applies to conduct occurring on or after July 1, 2020.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 3 - JUDICIAL DISSOLUTION (§§ 7-114-301 — 7-114-305) › Section 7-114-303 - Receivership or custodianship

(1)
Unless an election to purchase has been filed under section
7-114-305
, a court in a judicial proceeding to dissolve a corporation may appoint one or more receivers to wind up and liquidate, or one or more custodians to manage, the business and affairs of the corporation. The court shall hold a hearing, after giving notice to all parties to the proceeding and any interested persons designated by the court, before appointing a receiver or custodian. The court appointing a receiver or custodian has jurisdiction over the corporation and all of its property, wherever located.
(2)
The court may appoint an individual, a domestic entity, or a foreign entity authorized to transact business or conduct activities in this state as a receiver or custodian. The court may require the receiver or custodian to post bond, with or without sureties, in an amount the court directs.
(3)
The court shall describe the powers and duties of the receiver or custodian in its appointing order, which may be amended from time to time. Among other powers:
(a)
The receiver:
(I)
May dispose of all or any part of the property of the corporation wherever located, at a public or private sale, if authorized by the court; and
(II)
May sue and defend in the receiver's own name as receiver of the corporation in all courts; or
(b)
The custodian may exercise all of the powers of the corporation, through or in place of its board of directors or officers, to the extent necessary to manage the affairs of the corporation in the best interests of its shareholders and creditors.
(4)
The court during a receivership may redesignate the receiver a custodian, and during a custodianship may redesignate the custodian a receiver, if doing so is in the best interests of the corporation and its shareholders and creditors.
(5)
The court from time to time during the receivership or custodianship may order compensation paid and expense disbursements or reimbursements made to the receiver or custodian and such person's counsel from the assets of the corporation or proceeds from the sale of the assets.
Amended by 2019 Ch. 166, § 59, eff. 7/1/2020.
L. 93: Entire article added, p. 832, § 1, effective 7/1/1994. L. 2003: (2) amended, p. 2330, § 270, effective 7/1/2004. L. 2004: (1) amended, p. 1508, § 285, effective July 1. L. 2019: (1) amended, (SB 19-086), ch. 1962, p. 1962, § 59, effective 7/1/2020.
Section 72 of chapter 166 (SB 19-086), Session Laws of Colorado 2019, provides that the act changing this section applies to conduct occurring on or after July 1, 2020.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 3 - JUDICIAL DISSOLUTION (§§ 7-114-301 — 7-114-305) › Section 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.
L. 93: Entire article added, p. 833, § 1, effective 7/1/1994. L. 2003: (1) and (2) amended, p. 2330, § 271, effective 7/1/2004. L. 2004: (2) amended, p. 1508, § 286, effective July 1. L. 2006: (2) amended, p. 881, § 76, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 114 - DISSOLUTION (§§ 7-114-101 — 7-114-401) › Part 4 - MISCELLANEOUS (§ 7-114-401) › Section 7-114-401 - Deposit with state treasurer

Assets of a dissolved corporation that should be transferred to a creditor, claimant, or shareholder of the corporation who cannot be found or who is not legally competent to receive them shall be reduced to cash and deposited with the state treasurer as property presumed to be abandoned under the provisions of article
13
of title
38
, C.R.S.
L. 93: Entire article added, p. 833, § 1, effective 7/1/1994.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 115 - FOREIGN CORPORATIONS (§ 7-115-101) › Section 7-115-101 - Authority to transact business or conduct activities required

Part 8 of article
90
of this title, providing for the transaction of business or the conduct of activities by foreign entities, applies to foreign corporations.
L. 2003: Entire article R&RE, p. 2330, § 272, effective 7/1/2004.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 116 - RECORDS, INFORMATION, AND REPORTS (§§ 7-116-101 — 7-116-109) › Section 7-116-101 - Corporate records

(1)
A corporation shall keep as permanent records minutes of all meetings of its shareholders and board of directors, a record of all actions taken by the shareholders or board of directors without a meeting, a record of all actions taken by a committee of the board of directors in place of the board of directors on behalf of the corporation, and a record of all waivers of notices of meetings of shareholders and of the board of directors or any committee of the board of directors.
(2)
A corporation shall maintain appropriate accounting records.
(3)
A corporation or its agent shall maintain a record of the names and addresses of its shareholders, in a form that permits preparation of a list of shareholders that is arranged by voting group and within each voting group by class or series of shares, that is alphabetical within each class or series, and that shows the address of, and the number of shares of each class and series held by, each shareholder.
(4)
A corporation shall maintain its records in written form.
(5)
A corporation shall keep a copy of each of the following records at its principal office:
(a)
Its articles of incorporation;
(b)
Its bylaws;
(c)
The minutes of all shareholders' meetings, and records of all action taken by shareholders without a meeting, for the past three years;
(d)
All written communications within the past three years to shareholders as a group or to the holders of any class or series of shares as a group;
(e)
A list of the names and business addresses of its current directors and officers;
(f)
A copy of its most recent periodic report pursuant to part 5 of article
90
of this title; and
(g)
All financial statements prepared for periods ending during the last three years that a shareholder could have requested under section
7-116-105
.
Amended by 2021 Ch. 41, § 29, eff. 4/19/2021.
L. 93: Entire article added, p. 843, § 1, effective 7/1/1994. L. 2000: (5)(f) amended, p. 981, § 72, effective July 1. L. 2003: (5)(f) amended, p. 2331, § 273, effective 7/1/2004. L. 2010: (5)(f) amended, (HB 10-1403), ch. 2000, p. 2000, § 25, effective August 11.
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.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 116 - RECORDS, INFORMATION, AND REPORTS (§§ 7-116-101 — 7-116-109) › Section 7-116-103 - Scope of shareholder's inspection right

(1)
A shareholder's agent or attorney has the same inspection and copying rights as the shareholder.
(2)
The right to copy records under section
7-116-102
includes, if reasonable, the right to receive copies made by photographic, xerographic, or other means.
(3)
Except as provided in section
7-116-106
, the corporation may impose a reasonable charge, covering the costs of labor and material, for copies of any documents provided to the shareholder. The charge may not exceed the estimated cost of production and reproduction of the records.
(4)
The corporation may comply with a shareholder's demand to inspect the record of shareholders under section
7-116-102 (2)(c)
by furnishing to the shareholder a list of shareholders that complies with section
7-116-101 (3)
and was compiled no earlier than the date of the shareholder's demand.
L. 93: Entire article added, p. 846, § 1, effective 7/1/1994.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 116 - RECORDS, INFORMATION, AND REPORTS (§§ 7-116-101 — 7-116-109) › Section 7-116-104 - Court-ordered inspection of corporate records

(1)
If a corporation refuses to allow a shareholder, or the shareholder's agent or attorney, who complies with section
7-116-102 (1)
to inspect or copy any records that the shareholder is entitled to inspect or copy by said section, 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, 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, the district court for the city and county of Denver may, on application of the shareholder, summarily order the inspection or copying of the records demanded at the corporation's expense.
(2)
If a corporation refuses to allow a shareholder, or the shareholder's agent or attorney, who complies with section
7-116-102 (2) and (3)
to inspect or copy any records that the shareholder is entitled to inspect or copy by section
7-116-102 (2) and (3)
within a reasonable time following the shareholder's demand, 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, 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, the district court for the city and county of Denver may, on application of the shareholder, summarily order the inspection or copying of the records demanded.
(3)
If a court orders inspection or copying of the records demanded, unless the corporation proves that it refused inspection or copying in good faith because it had a reasonable basis for doubt about the right of the shareholder or the shareholder's agent or attorney to inspect or copy the records demanded:
(a)
The court shall also order the corporation to pay the shareholder's costs, including reasonable counsel fees, incurred to obtain the order;
(b)
The court may order the corporation to pay the shareholder for any damages the shareholder incurred;
(c)
If inspection or copying is ordered pursuant to subsection (2) of this section, the court may order the corporation to pay the shareholder's inspection and copying expenses; and
(d)
The court may grant the shareholder any other remedy provided by law.
(4)
If a court orders inspection or copying of records demanded, it may impose reasonable restrictions on the use or distribution of the records by the demanding shareholder.
L. 93: Entire article added, p. 846, § 1, effective 7/1/1994. L. 96: (1) and (2) amended, p. 1327, § 48, effective June 1. L. 2003: (1) and (2) amended, p. 2331, § 275, effective 7/1/2004.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 116 - RECORDS, INFORMATION, AND REPORTS (§§ 7-116-101 — 7-116-109) › Section 7-116-105 - Financial statements

Upon the written request of any shareholder, a corporation shall deliver to the shareholder its most recent annual financial statements, if any, and its most recently published financial statements, if any, showing in reasonable detail its assets and liabilities and results of its operations.
Amended by 2021 Ch. 41, § 30, eff. 4/19/2021.
L. 93: Entire article added, p. 847, § 1, effective 7/1/1994.
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.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 116 - RECORDS, INFORMATION, AND REPORTS (§§ 7-116-101 — 7-116-109) › Section 7-116-106 - Information respecting shares

Upon the written request of any shareholder, a corporation shall deliver to the shareholder, at the corporation's expense, the information specified by section
7-106-206 (4)
, whether or not the information is also contained or summarized on any share certificate of the shareholder.
Amended by 2021 Ch. 41, § 31, eff. 4/19/2021.
L. 93: Entire article added, p. 847, § 1, effective 7/1/1994.
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.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 116 - RECORDS, INFORMATION, AND REPORTS (§§ 7-116-101 — 7-116-109) › Section 7-116-107 - Periodic report to secretary of state

Part 5 of article
90
of this title, providing for periodic reports from reporting entities, applies to domestic corporations and applies to foreign corporations that are authorized to transact business or conduct activities in this state.
L. 93: Entire article added, p. 847, § 1, effective 7/1/1994. L. 96: (1)(c) amended, p. 1328, § 49, effective June 1. L. 2000: Entire section R&RE, p. 981, § 73, effective July 1. L. 2003: Entire section amended, p. 2331, § 276, effective 7/1/2004. L. 2004: Entire section amended, p. 1508, § 287, effective July 1. L. 2010: Entire section amended, (HB 10 -1403), ch. 404, p. 2000, § 26, effective August 11.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 116 - RECORDS, INFORMATION, AND REPORTS (§§ 7-116-101 — 7-116-109) › Section 7-116-108 - [Repealed]

L. 93: Entire article added, p. 849, § 1, effective 7/1/1994. L. 2000: Entire section repealed, p. 990, § 109, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 116 - RECORDS, INFORMATION, AND REPORTS (§§ 7-116-101 — 7-116-109) › Section 7-116-109 - [Repealed]

L. 93: Entire article added, p. 849, § 1, effective 7/1/1994. L. 96: (5) amended, p. 1328, § 50, effective June 1. L. 2002: (4) amended, p. 1852, § 130, effective July 1; (4) amended, p. 1717, § 130, effective October 1. L. 2003: (4) and (5) amended, p. 2332, § 277, effective 7/1/2004. L. 2004: (1) amended, p. 1509, § 288, effective July 1. L. 2006: Entire section repealed, p. 884, § 87, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 117 - TRANSITION PROVISIONS (§§ 7-117-101 — 7-117-105) › Section 7-117-102 - Application to foreign corporations

A foreign corporation authorized to transact business or conduct activities in this state on June 30, 1994, is subject to articles
101
to
117
of this title but is not required to obtain new authorization to transact business or conduct activities under said articles.
L. 93: Entire article added, p. 852, § 1, effective 7/1/1994. L. 2003: Entire section amended, p. 2332, § 278, effective 7/1/2004.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 117 - TRANSITION PROVISIONS (§§ 7-117-101 — 7-117-105) › Section 7-117-103 - Saving provisions

(1)
Except as provided in subsection (2) of this section, the repeal of any provision of the "Colorado Corporation Code", articles
1
to
10
of this title, does not affect:
(a)
The operation of the statute, or any action taken under it, before its repeal;
(b)
Any ratification, right, remedy, privilege, obligation, or liability acquired, accrued, or incurred under the provision before its repeal;
(c)
Any violation of the provision, or any penalty, forfeiture, or punishment incurred because of the violation, before its repeal; or
(d)
Any proceeding, reorganization, or dissolution commenced under the provision before its repeal, and the proceeding, reorganization, or dissolution may be completed in accordance with the provision as if it had not been repealed.
(2)
If a penalty or punishment imposed for violation of any provision of the "Colorado Corporation Code", articles
1
to
10
of this title, is reduced by articles
101
to
117
of this title, the penalty or punishment, if not already imposed, shall be imposed in accordance with said articles 101 to 117.
L. 93: Entire article added, p. 853, § 1, effective 7/1/1994.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 117 - TRANSITION PROVISIONS (§§ 7-117-101 — 7-117-105) › Section 7-117-104 - Severability

If any provision of articles
101
to
117
of this title or its application to any person or circumstance is held invalid by a court of competent jurisdiction, the invalidity does not affect other provisions or applications of said articles that can be given effect without the invalid provision or application, and to this end the provisions of said articles are severable.
L. 93: Entire article added, p. 853, § 1, effective 7/1/1994.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › COLORADO BUSINESS CORPORATIONS (§§ 7-101-101 — 7-117-105) › Article 117 - TRANSITION PROVISIONS (§§ 7-117-101 — 7-117-105) › Section 7-117-105 - Effective date

Articles
101
to
117
of this title are effective July 1, 1994.
L. 93: Entire article added, p. 853, § 1, effective 7/1/1994.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › NONPROFIT CORPORATIONS (§§ 7-121-101 — 7-137-301) › Article 121 - GENERAL PROVISIONS - NONPROFIT CORPORATIONS (§§ 7-121-101 — 7-121-601) › Part 1 - SHORT TITLE AND RESERVATION OF POWER (§§ 7-121-101 — 7-121-102) › Section 7-121-101 - Short title

Articles
121
to
137
of this title shall be known and may be cited as the "Colorado Revised Nonprofit Corporation Act".
L. 97: Entire article added, p. 646, § 3, effective 7/1/1998.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › NONPROFIT CORPORATIONS (§§ 7-121-101 — 7-137-301) › Article 121 - GENERAL PROVISIONS - NONPROFIT CORPORATIONS (§§ 7-121-101 — 7-121-601) › Part 1 - SHORT TITLE AND RESERVATION OF POWER (§§ 7-121-101 — 7-121-102) › Section 7-121-102 - Reservation of power to amend or repeal

The general assembly has the power to amend or repeal all or part of articles
121
to
137
of this title at any time and all domestic and foreign nonprofit corporations subject to said articles shall be governed by the amendment or repeal.
L. 97: Entire article added, p. 646, § 3, effective 7/1/1998.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › NONPROFIT CORPORATIONS (§§ 7-121-101 — 7-137-301) › Article 121 - GENERAL PROVISIONS - NONPROFIT CORPORATIONS (§§ 7-121-101 — 7-121-601) › Part 2 - FILING DOCUMENTS (§ 7-121-201) › Section 7-121-201 - Filing requirements

Part 3 of article
90
of this title, providing for the filing of documents, applies to any document filed or to be filed by the secretary of state pursuant to articles
121
to
137
of this title.
L. 2003: Entire part R&RE, p. 2332, § 279, effective 7/1/2004.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS - CONTINUED (§§ 7-101-101 — 7-137-301) › NONPROFIT CORPORATIONS (§§ 7-121-101 — 7-137-301) › Article 121 - GENERAL PROVISIONS - NONPROFIT CORPORATIONS (§§ 7-121-101 — 7-121-601) › Part 3 - SECRETARY OF STATE (§ 7-121-301) › Section 7-121-301 - [Repealed]

L. 97: Entire article added, p. 652, § 3, effective 7/1/1998. L. 2003: (2) added by revision, pp. 2356, 2357, §§ 347, 348.
(1) This article was added in 1997. This part 3 was subsequently repealed in 2003, effective July 1, 2004, and was not amended prior to its repeal. For the text of this part 3 prior to 2004, consult the 2003 Colorado Revised Statutes.
(2) Subsection (2) provided for the repeal of this section, effective July 1, 2004. (See L. 2003, pp. 2356, 2357.)