§ 11-41-110 — Body corporate

Upon making the articles of incorporation,
obtaining a certificate of approval from the commissioner, filing the articles of
incorporation and certificate of approval in the office of the secretary of state, and
paying the filing fees therefor to the secretary of state, the persons so associating
and their successors and assigns shall, from the date of the filing of the same with
the office of the secretary of state, be a body corporate by the name set forth in
said articles of incorporation, subject to dissolution as provided in articles 40 to 46
of this title and the laws of Colorado not in conflict with said articles 40 to 46. No
association shall cease to exist or expire from neglect on the part of the association
to elect officers or directors at the time mentioned in their articles of incorporation
and bylaws, and all officers or directors elected by an association shall hold office
until their successors are duly elected and qualified.

Legislative History

Source: L. 33: p. 295, � 9. CSA: C. 25, � 12. CRS 53: � 122-2-10. C.R.S. 1963: � 122-2-10.