Colorado § 7-48-112 Earned surplus

Colorado Statutes

§ 7-48-112 — Earned surplus

Colorado § 7-48-112

Title 07Corporations

Art.Business Development Corporations

This text of Colorado § 7-48-112 (Earned surplus) 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. § 7-48-112 (2026).

Text

Each year the corporation shall set apart as
earned surplus not less than ten percent of its net earnings for the preceding fiscal
year until such surplus is equal in value to one-half of the amount paid in on the
capital stock then outstanding. If the amount of surplus so established becomes
impaired, it shall be built up again to the required amount in the manner provided
for its original accumulation.

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Each year the corporation shall set apart as
earned surplus not less than ten percent of its net earnings for the preceding fiscal
year until such surplus is equal in value to one-half of the amount paid in on the
capital stock then outstanding. If the amount of surplus so established becomes
impaired, it shall be built up again to the required amount in the manner provided
for its original accumulation.