reglab/statecodes huggingface dataset:
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 50 - RELIGIOUS, EDUCATIONAL, AND BENEVOLENT SOCIETIES (§§ 7-50-101 — 7-50-114) › Section 7-50-101 - How organized

(1)
Any church, congregation, or society for religious, educational, or benevolent purposes may also become incorporated under this article by electing, appointing, or selecting, at a meeting held for the purpose, two or more of its members as directors, trustees, wardens, vestrymen, or other officers whose powers and duties are similar to those of trustees or directors of a corporation organized for profit, referred to in this article as the "governing board". Said organization may adopt a domestic entity name that complies with part 6 of article
90
of this title and a seal, and, upon the filing of an affidavit with the secretary of state substantially as provided in section
7-50-102
, shall become a body politic and corporate by the domestic entity name adopted.
(2)
The provisions of this article shall not apply to any religious, educational, or benevolent society formed after December 31, 1967, nor to any religious, educational, or benevolent society or corporation formed prior to January 1, 1968, which has elected to accept the provisions of articles
121
to
137
of this title.
G.L. § 229. G.S. § 372. R.S. 08: § 1018. C.L. § 2384. CSA: C. 41, § 177. CRS 53: § 31-21-1. L. 55: p. 240, § 1. C.R.S. 1963: § 31-20-1. L. 67: p. 658, § 11. L. 68: p. 2, § 3. L. 97: (2) amended, p. 758, § 15, effective 7/1/1998. L. 2000: (1) amended, p. 948, § 1, effective July 1. L. 2003: (1) amended, p. 2211, § 39, effective 7/1/2004.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 50 - RELIGIOUS, EDUCATIONAL, AND BENEVOLENT SOCIETIES (§§ 7-50-101 — 7-50-114) › Section 7-50-102 - Affidavit of chairperson

(1)
The chairperson or secretary of such meeting, within a reasonable time after the meeting, shall file in the office of the secretary of state an affidavit substantially in the following form:
STATE OF COLORADO
)
)
ss.
County of ................................................
)
I do solemnly swear (or affirm) that at a meeting of the members of the (here insert the name used by the church, congregation, or society before the incorporation) held at .........., in the county of .........., and State of Colorado, on the ........ day of ........, A.D. 20...., the following persons (here insert the names) were elected, appointed, or selected as members of the governing board (under whatever title the organization designates said members, whose powers and duties are similar to those of trustees or directors of a corporation organized for profit), adopted as its corporate name (here insert the name), and at said meeting this affiant acted as chairperson (or secretary, as the fact may be).
...............................................
(Name of affiant)
Subscribed and sworn to before me this ............. day of ........., A.D. 20....
(2)
A fee that shall be determined and collected pursuant to section
24-21-104 (3)
, C.R.S., shall be charged for filing the affidavit of incorporation. When a true copy of such affidavit is presented to the secretary of state, the secretary of state shall certify it for a fee that shall be determined and collected pursuant to section
24-21-104 (3)
, C.R.S., as a true copy of the original affidavit on file in the records of the secretary of state, showing the date the original affidavit was filed.
(3)
A certified copy of such affidavit shall be recorded in the office of the clerk and recorder of the county in which the corporation was organized and also in every county in which the corporation owns real estate. The affidavit of incorporation may also contain other provisions for the management and conduct of the affairs of the corporation, creating, defining, limiting, and regulating the powers of the corporation, the governing board, officers, and members thereof.
G.L. § 230. L. 1879: p. 32, § 1. G.S. § 373. R.S. 08: § 1019. C.L. § 2385. L. 31: p. 249, § 24. CSA: C. 41, § 178. CRS 53: § 31-21-2. L. 55: p. 240, § 2. C.R.S. 1963: § 31-20-2. L. 83: (2) amended, p. 870, § 22, effective July 1. L. 2003: (2) and (3) amended, p. 2212, § 40, effective 7/1/2004. L. 2004: (1) and (2) amended, p. 1405, § 21, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 50 - RELIGIOUS, EDUCATIONAL, AND BENEVOLENT SOCIETIES (§§ 7-50-101 — 7-50-114) › Section 7-50-103 - Bylaws

The directors, trustees, wardens, or vestrymen of any such corporation shall adopt necessary bylaws to provide for the election of directors, trustees, wardens, or vestrymen and other officers and for the proper government in all respects of the congregation, church, or society, unless such corporation, in its articles of incorporation, reserves to itself the right to make and adopt such prudential bylaws as it deems necessary to provide for the election of directors, trustees, wardens, or vestrymen and other officers and for the proper government in all respects of such congregation, church, or society.
G.L. § 231. L. 1881: p. 66, § 1. G.S. § 374. R.S. 08: § 1020. C.L. § 2386. CSA: C. 41, § 179. CRS 53: § 31-21-3. C.R.S. 1963: § 31-20-3.
For bylaws of joint stock companies incorporated for religious, educational, and benevolent purposes, see § 7-51-103.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 50 - RELIGIOUS, EDUCATIONAL, AND BENEVOLENT SOCIETIES (§§ 7-50-101 — 7-50-114) › Section 7-50-104 - Trustees of educational institution

Any corporation existing for educational purposes under the law of this state that maintains one or more institutions of higher education of the grade of a university or college shall be governed and controlled by its board of trustees, wardens, or directors, as the case may be, who shall have power at any time, by a vote of two-thirds of the full board of trustees elected, to increase the board of directors, trustees, or wardens to any number that they see fit and shall also have the power to decrease the same to any number not less than three. The terms of office of such directors, wardens, or trustees may be determined by said board of trustees, wardens, or directors as shall be adopted by them by a bylaw in which two-thirds of the whole number shall concur before the same shall be binding upon the board of trustees, directors, or wardens, as the case may be.
L. 1893: p. 92, § 1. R.S. 08: § 1021. C.L. § 2387. CSA: C. 41, § 180. CRS 53: § 31-21-4. C.R.S. 1963: § 31-20-4. L. 2003: Entire section amended, p. 2212, § 41, effective 7/1/2004.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 50 - RELIGIOUS, EDUCATIONAL, AND BENEVOLENT SOCIETIES (§§ 7-50-101 — 7-50-114) › Section 7-50-105 - Educational institution may confer degrees

Any corporation existing for educational purposes under the law of this state that maintains one or more institutions of higher education of the grade of a university or college shall have authority, by its directors, board of trustees, or such person or persons as may be designated by its constitution or bylaws, to confer degrees and grant diplomas and other marks of distinction as are usually conferred and granted by other universities and colleges of like grade.
L. 1889: p. 121, § 1. R.S. 08: § 1022. C.L. § 2388. CSA: C. 41, § 181. CRS 53: § 31-21-5. C.R.S. 1963: § 31-20-5. L. 2003: Entire section amended, p. 2212, § 42, effective 7/1/2004.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 50 - RELIGIOUS, EDUCATIONAL, AND BENEVOLENT SOCIETIES (§§ 7-50-101 — 7-50-114) › Section 7-50-106 - Property vests in corporation

Upon the due and lawful incorporation of any congregation, parish, church, or society, such corporation shall be entitled to all the real and personal property held by any person or trustees in trust for the use of the members thereof and immediately upon incorporation shall be entitled to a deed of conveyance to be executed by the person holding such property in trust, in order to vest the title thereto in the corporation. Such deed of conveyance shall state the object and purposes of the trust to be carried out according to the purpose and intent of its creation, which deed shall be recorded after the manner of conveyances in general, so that the title and trust declared may duly appear of record. Any self-supporting congregation, parish, church, or society may vest its real estate and personal property in such general incorporations as are provided for in section
7-50-109
; except that, if the authorities of any church, sect, or religious body have caused a corporation to be formed for general missions and other purposes, as provided in this article, and it is in accordance with the usages and customs of the church, sect, or religious body to vest the property of mission stations in such corporation, then all such property that may have been held by any person or trustees for the use of the mission stations shall be vested in said general corporation; and whenever any mission station, from change of population or other cause, is suspended or abandoned, the general corporation, in its discretion, may sell or otherwise dispose of all such mission property, the proceeds of such sale or disposal to be used for the benefit of said church, sect, or religious body in the state of Colorado.
G.L. § 232. L. 1881: p. 65, § 1. G.S. § 375. R.S. 08: § 1023. C.L. § 2389. CSA: C. 41, § 182. CRS 53: § 31-21-6. C.R.S. 1963: § 31-20-6. L. 2003: Entire section amended, p. 2212, § 43, effective 7/1/2004.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 50 - RELIGIOUS, EDUCATIONAL, AND BENEVOLENT SOCIETIES (§§ 7-50-101 — 7-50-114) › Section 7-50-107 - May take, hold, and convey property

Domestic and foreign religious, educational, charitable, and literary corporations or associations operating within the state may take by gift, devise, or purchase, and hold and convey real and personal property. All gifts, devises, and grants made prior to March 14, 1877, to such corporations or associations are hereby ratified.
G.L. § 235. G.S. § 378. R.S. 08: § 1024. C.L. § 2390. CSA: C. 41, § 183. CRS 53: § 31-21-7. C.R.S. 1963: § 31-20-7.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 50 - RELIGIOUS, EDUCATIONAL, AND BENEVOLENT SOCIETIES (§§ 7-50-101 — 7-50-114) › Section 7-50-108 - New corporation formed - when

Any congregation, church, or society incorporated prior to March 14, 1877, under the provisions of any law for the incorporation of religious, educational, or benevolent societies may become incorporated under the provisions of articles 30 to 52 and 121 to 137 or articles
101
to
117
of this title, relative to religious, educational, and benevolent societies in the same manner as if it had not previously been incorporated, in which case the new corporation shall be entitled to and invested with all the real and personal estate of the old corporation, in like manner and to the same extent as the old corporation, subject to all the debts, contracts, and liabilities. The word "trustees", as used in articles 30 to 52 and 121 to 137 or articles
101
to
117
of this title relative to religious bodies, shall be construed to include wardens, vestrymen, or such other officers as perform the duties of trustees.
G.L. § 233. G.S. § 376. R.S. 08: § 1025. C.L. § 2391. CSA: C. 41, § 188. CRS 53: § 31-21-8. C.R.S. 1963: § 31-20-8. L. 93: Entire section amended, p. 857, § 15, effective 7/1/1994. L. 97: Entire section amended, p. 758, § 16, effective 7/1/1998.
For joint stock companies for religious, educational, and benevolent purposes, see § 7-51-112 .
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 50 - RELIGIOUS, EDUCATIONAL, AND BENEVOLENT SOCIETIES (§§ 7-50-101 — 7-50-114) › Section 7-50-109 - Incorporation of Christian governing organizations

If any body of Christians has an organization according to its order or mode of government, whether known as synod, presbytery, conference, episcopate, or other name, with ecclesiastical or spiritual jurisdiction over its members throughout this state, and its authorities desire to engage in works of education, benevolence, charity, and missions, which works shall be of like extensive operation and benefit and not of limited or local service, and they shall deem an incorporation convenient for the more successful administration of said works, its said authorities, with such persons as they may associate with them, may cause such incorporation to be formed in the manner and with the powers provided for the incorporation of a church, congregation, or society.
G.L. § 234. G.S. § 377. R.S. 08: § 1026. C.L. § 2392. CSA: C. 41, § 189. CRS 53: § 31-21-9. C.R.S. 1963: § 31-20-9.
For the incorporation of joint stock companies for religious, educational, and benevolent purposes, see § 7-51-113.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 50 - RELIGIOUS, EDUCATIONAL, AND BENEVOLENT SOCIETIES (§§ 7-50-101 — 7-50-114) › Section 7-50-110 - Quorum of directors

The bylaws of any such charitable corporation organized under the law of this state may declare the number of trustees or managers necessary to constitute a quorum at any meeting of the board.
L. 1883: p. 115, § 4. G.S. § 383. R.S. 08: § 1030. C.L. § 2396. CSA: C. 41, § 193. CRS 53: § 31-21-10. C.R.S. 1963: § 31-20-10. L. 2003: Entire section amended, p. 2213, § 44, effective 7/1/2004.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 50 - RELIGIOUS, EDUCATIONAL, AND BENEVOLENT SOCIETIES (§§ 7-50-101 — 7-50-114) › Section 7-50-111 - Amendment of articles

Any corporation organized under this article may amend its affidavit of incorporation at any regular or special meeting of its governing board by a two-thirds vote of the board members present.
L. 07: p. 312, § 1. R.S. 08: § 1031. C.L. § 2397. CSA: C. 41, § 194. CRS 53: § 31-21-11. L. 55: p. 241, § 3. C.R.S. 1963: § 31-20-11.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 50 - RELIGIOUS, EDUCATIONAL, AND BENEVOLENT SOCIETIES (§§ 7-50-101 — 7-50-114) › Section 7-50-112 - Amendment filed before effective

(1)
When the affidavit of incorporation is amended, a copy of the amendment shall be delivered to the secretary of state, for filing pursuant to part 3 of article
90
of this title, and upon such filing, the amendment shall become effective.
(2)
(Deleted by amendment, L. 2002, p. 1812, § 10, effective July 1, 2002; p. 1676, § 8, effective October 1, 2002.)
(3)
A certified copy of the amendment shall be recorded in the office of the clerk and recorder of the county in which the organization was organized and also in each county in which the corporation owns real estate.
L. 07: p. 312, § 2. R.S. 08: § 1032. C.L. § 2398. L. 31: p. 251, § 25. CSA: C. 41, § 195. CRS 53: § 31-21-12. L. 55: p. 242, § 4. C.R.S. 1963: § 31-20-12. L. 83: (2) amended, p. 870, § 23, effective July 1. L. 2002: Entire section amended, p. 1812, § 10, effective July 1; entire section amended, p. 1676, § 8, effective October 1. L. 2003: (3) amended, p. 2213, § 45, effective 7/1/2004.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 50 - RELIGIOUS, EDUCATIONAL, AND BENEVOLENT SOCIETIES (§§ 7-50-101 — 7-50-114) › Section 7-50-113 - Articles of amendment evidence of amendment

The articles of amendment, or copy thereof, duly certified by the secretary of state or by the recorder, shall be received as evidence of the change, alteration, or amendment of the articles of incorporation of the corporation.
L. 07: p. 313, § 3. R.S. 08: § 1033. C.L. § 2399. CSA: C. 41, § 196. CRS 53: § 31-21-13. C.R.S. 1963: § 31-20-13. L. 2002: Entire section amended, p. 1812, § 11, effective July 1; entire section amended, p. 1677, § 9, effective October 1. L. 2008: Entire section amended, p. 23, § 16, effective August 5.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 50 - RELIGIOUS, EDUCATIONAL, AND BENEVOLENT SOCIETIES (§§ 7-50-101 — 7-50-114) › Section 7-50-114 - Dissolution

When a majority of the members of any corporation organized pursuant to this article vote to dissolve the corporation, the corporation shall deliver to the secretary of state, for filing pursuant to part 3 of article
90
of this title, an affidavit of dissolution. Such affidavit shall state that all the debts of the corporation are fully paid or provided for. When such affidavit has been filed, the corporation shall be forever dissolved. The president shall obtain from the secretary of state a certified copy of the affidavit showing the filing date and shall record a copy thereof in the office of the clerk and recorder of the county in which the corporation was organized and also in every county in which the corporation owns real estate.
L. 55: p. 242, § 5. CRS 53: § 31-21-14. C.R.S. 1963: § 31-20-14. L. 83: Entire section amended, p. 870, § 24, effective July 1. L. 2002: Entire section amended, p. 1812, § 12, effective July 1; entire section amended, p. 1677, § 10, effective October 1. L. 2003: Entire section amended, p. 2213, § 46, effective 7/1/2004.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 51 - JOINT STOCK RELIGIOUS OR BENEVOLENT ASSOCIATIONS (§§ 7-51-101 — 7-51-113) › Section 7-51-101 - How organized

(1)
Any joint stock company or association organized in this state for religious, educational, or benevolent purposes may be incorporated under this article by electing or appointing, according to its usages or customs at any meeting held for that purpose, two or more of its members as directors, trustees, wardens, or vestrymen, or other officers whose powers and duties are similar to those of trustees, who shall be agreeable to the usages and customs and rules and regulation of the congregation, church, or society, and may adopt a corporate name, and upon the filing of the affidavit as provided in section
7-51-102
, it shall be a body politic and corporate by the name so adopted.
(2)
The provisions of this article shall not apply to any joint stock religious, educational, or benevolent association formed after December 31, 1967, nor to any joint stock religious, educational, or benevolent association formed prior to January 1, 1968, which is subject to the provisions of articles
121
to
137
of this title.
L. 1879: p. 33, § 1. G.S. § 384. R.S. 08: § 1034. C.L. § 2400. CSA: C. 41, § 197. CRS 53: § 31-22-1. C.R.S. 1963: § 31-21-1. L. 67: p. 658, § 12. L. 68: p. 2, § 4. L. 97: (2) amended, p. 758, § 17, effective 7/1/1998.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 51 - JOINT STOCK RELIGIOUS OR BENEVOLENT ASSOCIATIONS (§§ 7-51-101 — 7-51-113) › Section 7-51-102 - Affidavit of chairperson - where filed - effect

(1)
The chairperson or secretary of the meeting, as soon as may be after such meeting, shall make and file, in the office of the recorder of deeds in the county in which the congregation, church, or society is organized, an affidavit, substantially in the following form:
STATE OF COLORADO
)
)
ss.
County of ................................................
)
I do solemnly swear (or affirm, as the case may be) that at a meeting of the members of the (here insert the name of the society as known before the incorporation), held at .........., in the county of .........., and State of Colorado, on the ........ day of ........, A.D., 20...., for that purpose the following persons were elected (or appointed) trustees (or wardens, vestrymen or other officers of whatever name they choose to adopt), with powers and duties similar to trustees, according to the rules and usages of such society, church, or congregation, viz.: (here insert the names); that at such a meeting, such society, church, or congregation adopted as its corporate name (here insert the name); that the amount of the capital stock of such society, church, or congregation is .......... dollars, divided into .......... shares of .......... dollars each, and that at such meeting this affiant acted as chairperson (secretary, as the case may be).
...............................................
(Name of affiant)
Subscribed and sworn to before me this ......... day of........., A.D., 20....
(2)
Such certificate, or a copy thereof duly certified by the recorder, shall be received as evidence of the due incorporation of such society, church, or congregation.
L. 1879: p. 34, § 2. G.S. § 385. R.S. 08: § 1035. C.L. § 2401. CSA: C. 41, § 198. CRS 53: § 31-22-2. C.R.S. 1963: § 31-21-2. L. 2004: (1) amended, p. 1405, § 22, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 51 - JOINT STOCK RELIGIOUS OR BENEVOLENT ASSOCIATIONS (§§ 7-51-101 — 7-51-113) › Section 7-51-103 - Bylaws

The directors, trustees, wardens, or vestrymen of any such corporation shall adopt necessary bylaws to provide for the election of directors, trustees, wardens, or vestrymen and other officers and for the proper government in all respects of the congregation, church, or society.
L. 1879: p. 34, § 3. G.S. § 386. R.S. 08: § 1036. C.L. § 2402. CSA: C. 41, § 199. CRS 53: § 31-22-3. C.R.S. 1963: § 31-21-3.
For bylaws of regular religious, educational, or benevolent societies, see § 7-50-103.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 51 - JOINT STOCK RELIGIOUS OR BENEVOLENT ASSOCIATIONS (§§ 7-51-101 — 7-51-113) › Section 7-51-104 - Property vests in corporation

Upon the incorporation of any such congregation, church, or society, all real and personal property held by any person or trustee for the use of the members thereof shall immediately vest in such corporation and be subject to its control, and may be used, mortgaged, sold, and conveyed the same as if it had been conveyed to such corporation by deed.
L. 1879: p. 35, § 4. G.S. § 387. R.S. 08: § 1037. C.L. § 2403. CSA: C. 41, § 200. CRS 53: § 31-22-4. C.R.S. 1963: § 31-21-4.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 51 - JOINT STOCK RELIGIOUS OR BENEVOLENT ASSOCIATIONS (§§ 7-51-101 — 7-51-113) › Section 7-51-105 - Powers of corporation

(1)
Corporations formed under this article:
(a)
Shall be bodies corporate and politic in fact and in name, by the name stated in the affidavit, and by that name have succession for the period for which they are organized;
(b)
May sue and be sued in any court in this state;
(c)
May have a common seal which they may alter or renew at pleasure by filing an impression of the same in the office of the clerk and recorder of the county in which any such corporation may be formed under this article;
(d)
May own, possess, and enjoy so much real and personal property as is necessary for the transaction of their business, whether acquired by purchase, grant, devise, gift, or otherwise;
(e)
May from time to time sell and dispose of real and personal property or any part thereof when not required for the use of the corporation; and
(f)
May borrow money and pledge their franchises and property, both real and personal, to secure the payment thereof and may exercise all the powers necessary and requisite to carry into effect the object for which they may be formed under this article.
L. 1879: p. 35, § 5. G.S. § 388. R.S. 08: § 1038. C.L. § 2404. CSA: C. 41, § 201. CRS 53: § 31-22-5. C.R.S. 1963: § 31-21-5.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 51 - JOINT STOCK RELIGIOUS OR BENEVOLENT ASSOCIATIONS (§§ 7-51-101 — 7-51-113) › Section 7-51-106 - Shares of stock

The shares of stock shall not be less than ten dollars nor more than one hundred dollars each and shall be deemed personal property and transferable as such in the manner provided by the bylaws. Subscriptions therefor shall be made payable in such installments and at such time as shall be determined by the directors, trustees, or other similar officers. The bylaws may provide for a forfeiture or sale of stock on failure to pay the installments or assessments that may from time to time become due; but no forfeiture of stock or of the amounts paid thereon shall be declared against any estate or stockholder before demand has been made for the amount due.
L. 1879: p. 35, § 6. G.S. § 389. R.S. 08: § 1039. C.L. § 2405. CSA: C. 41, § 202. CRS 53: § 31-22-6. C.R.S. 1963: § 31-21-6.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 51 - JOINT STOCK RELIGIOUS OR BENEVOLENT ASSOCIATIONS (§§ 7-51-101 — 7-51-113) › Section 7-51-107 - Board of directors

The corporate powers of any such corporation shall be exercised by a board of directors, trustees, or other similar officers in the manner and for the time that may be prescribed in the constitution and bylaws of the corporation, but the same shall not be in conflict with any of the provisions of this article or the law of this state.
L. 1879: p. 36, § 7. G.S. § 390. R.S. 08: § 1040. C.L. § 2406. CSA: C. 41, § 203. CRS 53: § 31-22-7. C.R.S. 1963: § 31-21-7. L. 2003: Entire section amended, p. 2213, § 47, effective 7/1/2004.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 51 - JOINT STOCK RELIGIOUS OR BENEVOLENT ASSOCIATIONS (§§ 7-51-101 — 7-51-113) › Section 7-51-108 - Election of directors

If an election of directors, trustees, or other similar officers is not held on the day designated by the constitution or bylaws, the company shall not be dissolved for that reason, but it shall be proper to elect such directors, trustees, or other officers on any subsequent day as shall be prescribed by the constitution or bylaws.
L. 1879: p. 36, § 8. G.S. § 391. R.S. 08: § 1041. C.L. § 2407. CSA: C. 41, § 204. CRS 53: § 31-22-8. C.R.S. 1963: § 31-21-8.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 51 - JOINT STOCK RELIGIOUS OR BENEVOLENT ASSOCIATIONS (§§ 7-51-101 — 7-51-113) › Section 7-51-109 - Liability of stockholders

Each stockholder shall be liable for the debts of the corporation to the extent of the amount unpaid upon the stock held by the stockholder, to be collected in the manner provided in this section. If any action is brought to recover any indebtedness against the corporation, it shall be competent to proceed against any one or more of the stockholders at the same time, to the extent of the balance unpaid by such stockholders upon the stock owned by them respectively, as in cases of garnishment.
L. 1879: p. 36, § 9. G.S. § 392. R.S. 08: § 1042. C.L. § 2408. CSA: C. 41, § 205. CRS 53: § 31-22-9. C.R.S. 1963: § 31-21-9. L. 2004: Entire section amended, p. 1406, § 23, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 51 - JOINT STOCK RELIGIOUS OR BENEVOLENT ASSOCIATIONS (§§ 7-51-101 — 7-51-113) › Section 7-51-110 - Certificate of full paid stock

The president and a majority of the board of trustees, directors, or other similar officers, after the payment of the last installment of capital stock so fixed and limited by the company as required by this article, shall make a certificate stating the amount of the capital stock so fixed and paid in, which certificate shall be signed and sworn to by the president and a majority of the board of trustees, directors, or other similar officers, and record the same in the office of the clerk and recorder of the county within which the corporation is formed; and from the date of the recording of such certificate, the stockholders of that company shall not be liable for any of the debts of such corporation.
L. 1879: p. 36, § 10. G.S. § 393. R.S. 08: § 1043. C.L. § 2409. CSA: C. 41, § 206. CRS 53: § 31-22-10. C.R.S. 1963: § 31-21-10.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 51 - JOINT STOCK RELIGIOUS OR BENEVOLENT ASSOCIATIONS (§§ 7-51-101 — 7-51-113) › Section 7-51-111 - Purchase of property

The directors, trustees, or other similar officers of any such corporation may purchase real and personal property necessary for their business and issue stock to the amount of the value thereof in payment therefor; and the stock so issued shall be declared to be full-paid stock and not liable to any further calls or assessments thereon nor for any debt of the corporation.
L. 1879: p. 37, § 11. G.S. § 394. R.S. 08: § 1044. C.L. § 2410. CSA: C. 41, § 207. CRS 53: § 31-22-11. C.R.S. 1963: § 31-21-11.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 51 - JOINT STOCK RELIGIOUS OR BENEVOLENT ASSOCIATIONS (§§ 7-51-101 — 7-51-113) › Section 7-51-112 - Any church may incorporate

Any congregation, church, or society incorporated prior to February 20, 1879, under the provisions of any law for the incorporation of religious, educational, or benevolent societies may become incorporated under the provisions of this article in the same manner as if it had not been previously incorporated. The new corporation shall be entitled to and invested with all the real and personal property of the old corporation, subject to all its debts, contracts, and liabilities. The words "directors" and "trustees", as used in this article, shall be construed to include wardens, vestrymen, or such other officers as perform the duties of trustees or directors.
L. 1879: p. 37, § 12. G.S. § 395. R.S. 08: § 1045. C.L. § 2411. CSA: C. 41, § 208. CRS 53: § 31-22-12. C.R.S. 1963: § 31-21-12.
For religious, educational, and benevolent societies, see § 7-50-108.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 51 - JOINT STOCK RELIGIOUS OR BENEVOLENT ASSOCIATIONS (§§ 7-51-101 — 7-51-113) › Section 7-51-113 - Incorporation of religious organization

If any body of Christians or other religious denomination has an organization according to its mode of government, whether known as synod, presbytery, conference, episcopate, or other name, with ecclesiastical or spiritual jurisdiction over its members throughout this state and its authorities desire to engage in works of education, benevolence, charity, and missions and deem an incorporation convenient for the more successful administration of such works, its said authorities, with such persons as they may associate with them, may cause such incorporation to be formed in the manner and with the powers provided in this article for the incorporation of a church, congregation, or society.
L. 1879: p. 37, § 13. G.S. § 396. R.S. 08: § 1046. C.L. § 2412. CSA: C. 41, § 209. CRS 53: § 31-22-13. C.R.S. 1963: § 31-21-13.
For religious, educational, and benevolent societies, see § 7-50-109.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 52 - OFFICIALS OF CHURCHES AND RELIGIOUS SOCIETIES (§§ 7-52-101 — 7-52-106) › Section 7-52-101 - Execution of articles of incorporation

The archbishop, bishop, president, trustee in trust, president of stake, president of congregation, overseer, presiding elder, or clergyman of any church or religious society who has been duly chosen, elected, or appointed in conformity with the constitutions, canons, rites, regulations, or discipline of said church or religious society and in whom shall be vested the legal title to the property of such church or religious society may deliver articles of incorporation to the secretary of state for filing pursuant to part 3 of article
90
of this title. The articles shall contain the name of the corporation, the purpose of the corporation, and the name and title of the person in whom is vested the legal title to the property.
L. 67: p. 866, § 1. C.R.S. 1963: § 31-25-1. L. 2003: Entire section amended, p. 2214, § 48, effective 7/1/2004. L. 2004: Entire section amended, p. 1406, § 24, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 52 - OFFICIALS OF CHURCHES AND RELIGIOUS SOCIETIES (§§ 7-52-101 — 7-52-106) › Section 7-52-102 - Filing articles - corporate existence

Upon the filing of the articles of incorporation with the secretary of state, the person subscribing the articles and the person's successor in office by the name or title stated in the articles is a corporation sole, with perpetual succession.
L. 67: p. 866, § 2. C.R.S. 1963: § 31-25-2. L. 2003: Entire section amended, p. 2214, § 49, effective 7/1/2004. L. 2004: Entire section amended, p. 1406, § 25, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 52 - OFFICIALS OF CHURCHES AND RELIGIOUS SOCIETIES (§§ 7-52-101 — 7-52-106) › Section 7-52-103 - Corporate powers

A corporation sole may hold and maintain real, personal, and mixed property; contract in the same manner and to the same extent as an individual; sue and be sued; acquire real and personal property by purchase, devise, bequest, gift, or otherwise and hold, own, use, lease, assign, convey, or otherwise dispose of the same in like manner and to the same extent as an individual; borrow money, issue notes or other negotiable paper, and secure the money borrowed by mortgage or by deed of trust on said real or personal property or any part thereof; borrow money without security; and perform all other acts in furtherance of the objects and purposes of the corporation not inconsistent with the statutes of this state.
L. 67: p. 866, § 3. C.R.S. 1963: § 31-25-3. L. 2004: Entire section amended, p. 1407, § 26, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 52 - OFFICIALS OF CHURCHES AND RELIGIOUS SOCIETIES (§§ 7-52-101 — 7-52-106) › Section 7-52-104 - Succession to property upon death, resignation, or removal of person incorporated as corporation sole

In the event of the death or resignation of the archbishop, bishop, president, trustee in trust, president of stake, president of congregation, overseer, presiding elder, or clergyman who has been incorporated as a corporation sole under sections
7-52-101
and
7-52-102
, or such person's removal from office by the person or body having the authority for such removal, the person's successor in office as the corporation sole shall be vested with the title of all property held by the successor's predecessor with the same power and authority over the property, subject to all the legal liabilities and obligations with reference to the property, upon the filing by the secretary of state, pursuant to part 3 of article
90
of this title, of a certificate of the successor's commission or certified copy of the successor's letter of election or appointment. In the interim between the appointment of a successor in office to the corporation sole, the person who is charged by the church or religious society pursuant to its constitution, canons, rites, regulations, or discipline to administer the church or religious society shall be vested with the title to any property held by the corporation sole with like powers and authority upon the filing by the secretary of state, pursuant to part 3 of article
90
of this title, of a certificate of the successor's commission or certified copy of the successor's letter of appointment as such administrator.
L. 67: p. 867, § 4. C.R.S. 1963: § 31-25-4. L. 2002: Entire section amended, p. 1813, § 13, effective July 1; entire section amended, p. 1677, § 11, effective October 1. L. 2004: Entire section amended, p. 1407, § 27, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 52 - OFFICIALS OF CHURCHES AND RELIGIOUS SOCIETIES (§§ 7-52-101 — 7-52-106) › Section 7-52-105 - Succession to property on death, resignation, or removal of person not incorporated as corporation sole

Upon the death, resignation, or removal of an archbishop, bishop, president, trustee in trust, president of stake, president of congregation, overseer, presiding elder, or clergyman who at the time of death, resignation, or removal was holding the title to trust property for the use or benefit of a church or religious society but was not incorporated under this article as a corporation sole, the title to all such property held by such person shall not revert to the grantor nor pass to the heirs of the deceased person but shall be held in abeyance until the person's successor is appointed to fill the vacancy. Upon the appointment of the successor, the title of all the property held by the predecessor immediately vests in the person appointed to fill the vacancy.
L. 67: p. 867, § 5. C.R.S. 1963: § 31-25-5. L. 2004: Entire section amended, p. 1407, § 28, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › CORPORATIONS (§§ 7-1-101 — 7-52-106) › RELIGIOUS AND BENEVOLENT ORGANIZATIONS (§§ 7-50-101 — 7-52-106) › Article 52 - OFFICIALS OF CHURCHES AND RELIGIOUS SOCIETIES (§§ 7-52-101 — 7-52-106) › Section 7-52-106 - Applicability of revised nonprofit corporation act

Except as this article is specifically in conflict therewith, the provisions of the "Colorado Revised Nonprofit Corporation Act", articles
121
to
137
of this title, shall be applicable to this article.
L. 67: p. 867, § 6. C.R.S. 1963: § 31-25-6. L. 2003: Entire section amended, p. 2214, § 50, effective 7/1/2004.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › ASSOCIATIONS (§§ 7-55-101 — 7-58-1704) › Article 55 - COOPERATIVES - GENERAL (§§ 7-55-101 — 7-55-121) › Section 7-55-101 - Cooperative association defined

(1)
The terms "cooperative association" and "association" include any cooperative organization, association, company, or corporation formed under this article and may be further defined as follows:
(a)
The distribution of its earnings is made wholly or in part on the basis of, or in proportion to, the amount of property bought from or sold to members, or to members and other patrons, or of labor performed or other service rendered by the association, but such association shall not deal in products, handle supplies, or provide services for nonmembers in an amount greater in value than as are handled by it for members.
(b)
Dividends on stock or interest on equity capital shall be limited, as prescribed in the bylaws of the association.
(c)
Voting rights shall be limited to members of the association.
(d)
Such association and its business shall not be carried on for profit but for the mutual benefit of all the members. Any person, firm, or corporation of any other cooperative association may become a member of such association upon meeting uniform terms and conditions stated in its bylaws. The association shall issue a certificate of membership to all who become members, which shall not be assignable or transferable except upon consent of the board of directors. The association shall have the right by the bylaws to limit transfer or assignment of membership and the terms and conditions upon which transfer shall be allowed.
(e)
Any association formed pursuant to this article may admit to membership any other association so formed or formed under the law of any other jurisdiction upon such terms and conditions as may be provided by the bylaws. Any association formed under the provisions of this article may acquire membership in any other association likewise formed under the provisions of this article when, in the judgment of the directors, such membership shall promote the interest and purpose for which such association is formed.
L. 73: R&RE, p. 428, § 1. C.R.S. 1963: § 30-1-1. L. 96: IP(1) amended, p. 543, § 4, effective July 1. L. 2003: IP(1), (1)(a), (1)(d), and (1)(e) amended, p. 2214, § 51, effective 7/1/2004. L. 2004: IP(1) amended, p. 1408, § 29, effective July 1.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › ASSOCIATIONS (§§ 7-55-101 — 7-58-1704) › Article 55 - COOPERATIVES - GENERAL (§§ 7-55-101 — 7-55-121) › Section 7-55-101.5 - Patronage capital for cooperative electric associations and cooperative telephone associations defined

The term "patronage capital" includes any capital credit, patronage dividend, or patronage refund allocated by a cooperative electric association or cooperative telephone association to a member or patron thereof.
L. 90: Entire section added, p. 413, § 1, effective March 9. L. 94: Entire section amended, p. 330, § 1, effective March 29.
2023 Colorado Revised Statutes › Title 7 - CORPORATIONS AND ASSOCIATIONS (§§ 7-1-101 — 7-137-301) › ASSOCIATIONS (§§ 7-55-101 — 7-58-1704) › Article 55 - COOPERATIVES - GENERAL (§§ 7-55-101 — 7-55-121) › Section 7-55-102 - Articles of incorporation - filing

(1)
Five persons or more, except as specified elsewhere in this article, a majority of whom are residents of Colorado, may be associated and incorporated pursuant to this article for the cooperative transaction of any lawful business, except banking. Persons desiring to avail themselves of the provisions of this article shall deliver to the secretary of state, for filing pursuant to part 3 of article
90
of this title, articles of incorporation stating:
(a)
The domestic entity name of the association, which domestic entity name shall comply with part 6 of article
90
of this title;
(b)
The purposes for which the association was formed;
(c)
The principal office address of the association's principal office;
(c.5)
The registered agent name and registered agent address of the association's initial registered agent;
(d)
Repealed.
(e)
The number and terms of directors, which number shall be not less than three;
(f)
The authorized capital stock, the number of shares into which said stock is divided, and the par value of each;
(g)
The number of memberships authorized, the capital subscription of each, and the method of determining property rights and interests of each member without capital stock;
(h)
The true name and mailing address of each incorporator.
(1.5)
The articles of incorporation may state a provision eliminating or limiting the personal liability of a director as provided in section
7-55-107 (1)(h)
.
L. 73: R&RE, p. 429, § 1. C.R.S. 1963: § 30-1-2. L. 87: (1.5) added, p. 370, § 12, effective May 20. L. 96: IP(1) amended, p. 543, § 5, effective July 1. L. 2000: (1)(a) amended, p. 948, § 2, effective July 1. L. 2003: IP(1), (1)(a), (1)(c), and (1.5) amended and (1)(c.5) added, p. 2215, § 52, effective 7/1/2004. L. 2004: (1)(c) and (1)(d) amended, p. 1408, § 30, effective July 1. L. 2008: (1)(h) amended, p. 18, § 1, effective August 5. L. 2009: (1)(d) repealed, (HB 09 -1248), ch. 252, p. 1128, § 2, effective December 1.