Colorado Statutes
§ 7-126-104 — Consideration
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.
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Legislative History
Source: L. 97: Entire article added, p. 671, � 3, effective July 1, 1998.
Nearby Sections
15
§ 7-101-101
Short title§ 7-101-102
Reservation of power to amend or repeal§ 7-101-201
Filing requirements§ 7-101-401
General definitions§ 7-101-501
Short title§ 7-101-504
Nonprofit corporations§ 7-101-506
Duties of directors§ 7-101-507
Benefit report - definition§ 7-101-509
No effect on other corporations§ 7-102-101
Incorporators§ 7-102-102
Articles of incorporation§ 7-102-103
Incorporation