Colorado § 7-106-402 Unclaimed distributions

Colorado Statutes

§ 7-106-402 — Unclaimed distributions

Colorado § 7-106-402

Title 07Corporations

Art.Shares and Distributions

This text of Colorado § 7-106-402 (Unclaimed distributions) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 7-106-402 (2026).

Text

If a corporation has mailed three
successive distributions to a shareholder addressed to the shareholder's address
shown on the corporation's current record of shareholders and the distributions
have been returned as undeliverable, no further attempt to deliver distributions to
the shareholder need be made until another address for the shareholder is made
known to the corporation, at which time all distributions accumulated by reason of
this section shall, except as otherwise provided by law, be mailed to the
shareholder at such other address.

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If a corporation has mailed three
successive distributions to a shareholder addressed to the shareholder's address
shown on the corporation's current record of shareholders and the distributions
have been returned as undeliverable, no further attempt to deliver distributions to
the shareholder need be made until another address for the shareholder is made
known to the corporation, at which time all distributions accumulated by reason of
this section shall, except as otherwise provided by law, be mailed to the
shareholder at such other address.