Colorado Statutes
§ 7-52-103 — Corporate powers
A corporation sole may hold and maintain real,
personal, and mixed property; contract in the same manner and to the same extent
as an individual; sue and be sued; acquire real and personal property by purchase,
devise, bequest, gift, or otherwise and hold, own, use, lease, assign, convey, or
otherwise dispose of the same in like manner and to the same extent as an
individual; borrow money, issue notes or other negotiable paper, and secure the
money borrowed by mortgage or by deed of trust on said real or personal property
or any part thereof; borrow money without security; and perform all other acts in
furtherance of the objects and purposes of the corporation not inconsistent with
the statutes of this state.
Free access — add to your briefcase to read the full text and ask questions with AI
Colorado § 7-52-103 (Corporate powers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Source: L. 67: p. 866, � 3. C.R.S. 1963: � 31-25-3. L. 2004: Entire section
amended, p. 1407, � 26, effective July 1.
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