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Colorado Statutes, Title 7

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Colorado/Statutes

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Title 7, Corporations and Associations

0 chapters · 1,076 sections in this title.

All chapters in Title 71,076 Ch 58129 Ch 9088 Ch 8082 Ch 5665 Ch 6459 Ch 6255 Ch 6050 Ch 6131 Ch 10827 Ch 12825 Ch 5522 Ch 3021 Ch 10720 Ch 12719

13 sections·Filtered byTitle 7✕Ch 101✕

Colo. Rev. Stat. § 7-101-101 Short title
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Articles 101 to 117 of this title shall be known and may be cited as the "Colorado Business Corporation Act". Source: L. 93: Entire article added, p. 732, § 1, effective July 1, 1994. ANNOTATION Law reviews. For article, "Corporate Organization: A Revised Manual of Colorado Proce…
Colo. Rev. Stat. § 7-101-102 Reservation of power to amend or repeal
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The general assembly has the power to amend or repeal all or part of articles 101 to 117 of this title at any time, and all domestic and foreign corporations subject to said articles shall be governed by the amendment or repeal. Source: L. 93: Entire article added, p. 732, § 1, e…
Colo. Rev. Stat. § 7-101-201 Filing requirements
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(1) 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 101 to 117 of this title. (2) to (11) (Deleted by amendment, L. 2002, p. 1845, § 103, effective July 1, 2002;…
Colo. Rev. Stat. § 7-101-401 General definitions
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As used in articles 101 to 117 of this title 7, unless the context otherwise requires: (1) Repealed. (2) "Affiliate" means any person that directly or indirectly through one or more intermediaries controls, or is controlled by, or is under common control with, the person specifie…

Colo. Rev. Stat. § 7-101-501 Short title

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This part 5 shall be known and may be cited as the "Public Benefit Corporation Act of Colorado". Source: L. 2013: Entire part added, (HB 13-1138), ch. 230, p. 1099, § 1, effective April 1, 2014.

Colo. Rev. Stat. § 7-101-502 Law applicable to public benefit corporations - how formed

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This part 5 applies to all public benefit corporations. If a corporation elects to become a public benefit corporation under this part 5 in the manner prescribed in this part 5, it is subject in all respects to the "Colorado Business Corporation Act", articles 101 to 117 of this …

Colo. Rev. Stat. § 7-101-503 Public benefit corporation - definitions - contents of articles of incorporation

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(1) A public benefit corporation is a for-profit corporation organized under and subject to the requirements of the "Colorado Business Corporation Act", articles 101 to 117 of this title 7, or a domestic cooperative organized under article 55, 56, or 58 of this title 7 that is su…

Colo. Rev. Stat. § 7-101-504 Nonprofit corporations

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A nonprofit corporation cannot be a constituent entity in connection with any merger with or conversion into a public benefit corporation. Source: L. 2013: Entire part added, (HB 13-1138), ch. 230, p. 1100, § 1, effective April 1, 2014. L. 2017: (2), (4)(b), and (4)(c) amended an…

Colo. Rev. Stat. § 7-101-505 Share certificates - notices regarding uncertificated shares

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A share certificate issued by a public benefit corporation must note conspicuously that the corporation is a public benefit corporation formed pursuant to this part 5. A statement sent by a public benefit corporation pursuant to section 7-106-207 must state conspicuously that the…

Colo. Rev. Stat. § 7-101-506 Duties of directors

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(1) The board of directors shall manage or direct the business and affairs of a public benefit corporation in a manner that balances the pecuniary interests of the shareholders, the best interests of those materially affected by the corporation's conduct, and the specific public …

Colo. Rev. Stat. § 7-101-507 Benefit report - definition

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(1) A public benefit corporation shall prepare an annual report that includes: (a) A narrative description of: (I) The ways in which the public benefit corporation promoted the public benefit identified in the articles of incorporation and the best interests of those materially a…

Colo. Rev. Stat. § 7-101-508 Actions to enforce requirements of section 7-101-506 (1)

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(1) Any action to enforce the requirements of section 7-101-506 (1), including any individual, derivative, or other type of action, may not be brought unless the parties bringing the action own, individually or collectively, as of the date of instituting the action, either: (a) A…

Colo. Rev. Stat. § 7-101-509 No effect on other corporations

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(1) The existence of a provision of this part 5 does not of itself create an implication that a contrary or different rule of law is or would be applicable to a corporation or other entity that is not a public benefit corporation. (2) Except as provided in section 7-101-504, this…