Short title

Colo. Rev. Stat. § 7-121-101, under SHORT TITLE AND RESERVATION OF POWER.

Colo. Rev. Stat. § 7-121-101

Articles 121 to 137 of this title shall be known and may be cited as the "Colorado Revised Nonprofit Corporation Act".

Source: L. 97: Entire article added, p. 646, § 3, effective July 1, 1998.

ANNOTATION

Annotator's note. Since § 7-121-101 is similar to § 7-20-101 as it existed prior to the 1997 recodification of the "Colorado Revised Nonprofit Corporation Act", articles 121 to 137 of title 7, a case construing that provision has been included in the annotations to this section.

A school building authority created as a nonprofit pursuant to this section was not a governmental entity, nor did it possess the requisite authority to file a Chapter 9 petition in bankruptcy. In Re Ellicott Sch. Bldg. Auth., 150 B.R. 261 (Bankr. D. Colo. 1992).