Colorado § 7-55-115 Exemption from securities laws

Colorado Statutes

§ 7-55-115 — Exemption from securities laws

Colorado § 7-55-115

Title 07Corporations

Art.Cooperatives - General

This text of Colorado § 7-55-115 (Exemption from securities laws) 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. § 7-55-115 (2026).

Text

Any security, patronage refund,
per unit retain certificate, or evidence of membership issued or sold by a
cooperative association as an investment in its stock or capital to the members of a
cooperative association formed under this article or a similar law of any other state
and authorized to transact business or conduct activities in this state is exempt
from securities laws as contained in article 51 of title 11, C.R.S. Such securities,
patronage refunds, per unit retain certificates, or evidence of membership may be
sold lawfully by the issuer or its members or salaried employees without the
necessity of being registered as a broker or dealer under the Colorado Securities
Act, article 51 of title 11, C.R.S.

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Any security, patronage refund,
per unit retain certificate, or evidence of membership issued or sold by a
cooperative association as an investment in its stock or capital to the members of a
cooperative association formed under this article or a similar law of any other state
and authorized to transact business or conduct activities in this state is exempt
from securities laws as contained in article 51 of title 11, C.R.S. Such securities,
patronage refunds, per unit retain certificates, or evidence of membership may be
sold lawfully by the issuer or its members or salaried employees without the
necessity of being registered as a broker or dealer under the Colorado Securities
Act, article 51 of title 11, C.R.S.

Legislative History

Source: L. 73: R&RE, p. 433, � 1. C.R.S. 1963: � 30-1-15. L. 75: Entire section amended, p. 272, � 2, effective June 29. L. 84: Entire section amended, p. 1116, � 1, effective June 7. L. 90: Entire section amended, p. 740, � 2, effective July 1. L. 96: Entire section amended, p. 546, � 12, effective July 1. L. 2003: Entire section amended, p. 2218, � 61, effective July 1, 2004.