Colorado § 7-90-201 Conversion of an entity

Colorado Statutes

§ 7-90-201 — Conversion of an entity

Colorado·Title 07 Corporations·Art. Colorado Corporations and Associations Act

(1)Pursuant to a plan of conversion that complies with section 7-90-201.3 and is approved in accordance with section 7-90-201.4:

(a)A domestic entity of one form may convert into any other form of domestic entity.

(b)A domestic entity may convert into any form of foreign entity recognized in the jurisdiction under the law of which the entity will be considered to have been formed after the conversion.

(2)A foreign entity may convert into a domestic entity if the conversion is not prohibited by the constituent documents or organic statutes of the foreign entity and if the foreign entity complies with all of the requirements, if any, of its constituent documents and organic statutes in effecting the conversion.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) Pursuant to a plan of conversion that
complies with section 7-90-201.3 and is approved in accordance with section 7-90-201.4:

(a) A domestic entity of one form may convert into any other form of
domestic entity.

(b) A domestic entity may convert into any form of foreign entity recognized
in the jurisdiction under the law of which the entity will be considered to have been
formed after the conversion.

(2) A foreign entity may convert into a domestic entity if the conversion is not
prohibited by the constituent documents or organic statutes of the foreign entity
and if the foreign entity complies with all of the requirements, if any, of its
constituent documents and organic statutes in effecting the conversion.

Colorado § 7-90-201 (Conversion of an entity) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 2000: Entire part R&RE, p. 966, � 46, effective July 1. L. 2002: IP(5) amended, p. 1838, � 88, effective July 1; IP(5) amended, p. 1702, � 86, effective October 1. L. 2003: (1), (2), (3), (4)(a), (4)(c)(II), (5), and (6) amended, p. 2285, � 195, effective July 1, 2004. L. 2004: (2), (3), (4), (5), and (6) amended and (5.5) added, p. 1470, � 203, effective July 1. L. 2005: (1) and (5.5) amended, p. 1206, � 5, effective October 1. L. 2006: (2), (4)(b), (4)(c)(III), (4)(c)(IV), IP(5), (5)(b), and (5.5) amended and (4)(c)(III.3), (4)(c)(III.7), and (5.3) added, pp. 866, 868, �� 42, 43, effective July 1. L. 2007: Entire section amended, p. 229, � 21, effective May 29. L. 2019: Entire section amended, (SB 19-086), ch. 166, p. 1911, � 2, effective July 1, 2020.