Unless otherwise provided by the bylaws, a nonprofit corporation may admit members for no consideration or for such consideration as is determined by the board of directors.
Source: L. 97: Entire article added, p. 671, § 3, effective July 1, 1998.
Consideration
Colo. Rev. Stat. § 7-126-104, under ADMISSION OF MEMBERS AND LIABILITY TO THIRD PARTIES.
Colo. Rev. Stat. § 7-126-104