Colorado § 7-40-102 Powers

Colorado Statutes

§ 7-40-102 — Powers

Colorado § 7-40-102

Title 07Corporations

Art.Corporations Not For Profit

This text of Colorado § 7-40-102 (Powers) 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. § 7-40-102 (2026).

Text

A corporation not for profit shall be a body corporate in
the name stated in its certificate and may sue and be sued; make and enforce
contracts in relation to its business, powers, and objects; have a seal; acquire, hold,
encumber, and dispose of property, real, personal, or mixed; adopt and alter bylaws;
amend its certificate of incorporation; consolidate or merge with any other
corporation; have different classes of members with or without voting rights; and
exercise every right and privilege necessary, incident, or appertaining to its
business, objects, and purposes. Associations and societies which are intended to
benefit the widows, orphans, heirs, and devisees of deceased members thereof,
where the members thereof receive no money as profit or otherwise, shall not be
deeme

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A corporation not for profit shall be a body corporate in
the name stated in its certificate and may sue and be sued; make and enforce
contracts in relation to its business, powers, and objects; have a seal; acquire, hold,
encumber, and dispose of property, real, personal, or mixed; adopt and alter bylaws;
amend its certificate of incorporation; consolidate or merge with any other
corporation; have different classes of members with or without voting rights; and
exercise every right and privilege necessary, incident, or appertaining to its
business, objects, and purposes. Associations and societies which are intended to
benefit the widows, orphans, heirs, and devisees of deceased members thereof,
where the members thereof receive no money as profit or otherwise, shall not be
deemed insurance companies.