Title 7, Corporations and Associations
0 chapters · 1,168 sections in this title.
Colo. Rev. Stat. § 7-102-101 Incorporators
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One or more persons may act as the incorporator or incorporators of a corporation by delivering articles of incorporation to the secretary of state, for filing pursuant to part 3 of article 90 of this title. An incorporator who is an individual shall be of the age of eighteen yea…
Colo. Rev. Stat. § 7-102-102 Articles of incorporation
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(1) The articles of incorporation shall state: (a) The domestic entity name for the corporation, which domestic entity name shall comply with part 6 of article 90 of this title; (b) The information regarding shares required by section 7-106-101; (c) The registered agent name and …
Colo. Rev. Stat. § 7-102-103 Incorporation
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(1) A corporation is incorporated when the articles of incorporation are filed by the secretary of state or, if a delayed effective date is stated pursuant to section 7-90-304 in the articles of incorporation as filed by the secretary of state and if a statement of change revokin…
Colo. Rev. Stat. § 7-102-104 Unauthorized assumption of corporate powers
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All persons purporting to act as or on behalf of a corporation without authority to do so and without good faith belief that they have such authority shall be jointly and severally liable for all liabilities incurred or arising as a result thereof. Source: L. 93: Entire article a…
Colo. Rev. Stat. § 7-102-105 Organization of corporation
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(1) After incorporation: (a) If initial directors are not elected in the articles of incorporation, the incorporators may hold a meeting, at the call of a majority of the incorporators, to adopt initial bylaws, if desired, and to elect a board of directors; and (b) The initial di…
Colo. Rev. Stat. § 7-102-106 Bylaws
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(1) The board of directors or, if no directors have been elected, the incorporators may adopt initial bylaws. If neither the incorporators nor the board of directors have adopted initial bylaws, the shareholders may do so. (2) The bylaws of a corporation may contain any provision…
Colo. Rev. Stat. § 7-102-107 Emergency bylaws
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(1) Unless otherwise provided in the articles of incorporation, the board of directors may adopt bylaws to be effective only in an emergency as defined in subsection (4) of this section. The emergency bylaws, which are subject to amendment or repeal by the shareholders, may inclu…
Colo. Rev. Stat. § 7-102-108 Forum selection - definition
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(1) The articles of incorporation or the bylaws may require that any or all internal corporate claims must be brought exclusively in any specified court of this state and, if so specified, in any additional courts in this state or in any other jurisdiction with which the corporat…