Colorado § 7-48-107 Acquisition or disposition of securities and capital stock

Colorado Statutes

§ 7-48-107 — Acquisition or disposition of securities and capital stock

Colorado·Title 07 Corporations·Art. Business Development Corporations

Notwithstanding any other provision of law, any person, corporation, public utility,
financial institution, or labor union may acquire, hold, sell, assign, transfer,
mortgage, pledge, or otherwise dispose of any bonds, notes, debentures, securities,
or other evidences of indebtedness or the shares of capital stock of a corporation
created under this article; but the amount of capital stock which may be acquired
by any member of such corporation shall not exceed ten percent of the loan limit of
that member.

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Notwithstanding any other provision of law, any person, corporation, public utility,
financial institution, or labor union may acquire, hold, sell, assign, transfer,
mortgage, pledge, or otherwise dispose of any bonds, notes, debentures, securities,
or other evidences of indebtedness or the shares of capital stock of a corporation
created under this article; but the amount of capital stock which may be acquired
by any member of such corporation shall not exceed ten percent of the loan limit of
that member.

Colorado § 7-48-107 (Acquisition or disposition of securities and capital stock) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.