0 chapters · 705 sections in this title.
Colo. Rev. Stat. § 11-42-105 Responsibility for losses - extent
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The members of an association shall not be responsible for any losses which its invested capital is not sufficient to satisfy, except to the extent provided in sections 11-42-108 to 11-42-110, and the shares shall not be subject to assessment, nor shall certificate holders be lia…
Colo. Rev. Stat. § 11-42-106 Transfer of shares
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Share certificates are transferable on the books of the association by the holder thereof, in person or by a duly authorized attorney, upon surrender of the certificate properly endorsed. The association may treat the holder of record thereof as the owner for all purposes without…
Colo. Rev. Stat. § 11-42-107 Permanent stock
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(1) Permanent stock shall be of one class only, shall have the full voting rights, and shall have a par value of not less than one dollar per share; and the proceeds thereof, to the extent of such par value, shall be set apart, shall be nonwithdrawable, and shall be a reserve to …
Colo. Rev. Stat. § 11-42-108 Assessment to restore impaired permanent stock
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(1) Stockholders, after their stock has been fully paid, are not liable to creditors or for assessments upon their stock issued on or after July 1, 1981, except as provided by this section. If the commissioner, as a result of any examination or from any report made to the commiss…