Colorado Statutes
§ 7-63-112 — Capital contributions
(1)The persons forming an association shall
make contribution to its capital in cash or in other property.
(2)The valuation of property contributed as contemplated in subsection (1)
of this section must be approved by all of the initial members. This subsection (2) is
a default rule, subject to the bylaws.
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Legislative History
Source: L. 95: Entire article added, p. 797, � 18, effective May 24.
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