The act makes technical changes to the "Colorado Corporations and Associations Act" and the "Colorado Business Corporation Act" as follows:
Changes references to "owners' interest" to "owner's interest";
Repeals a provision exempting certain domestic entities from a provision allowing reinstatement of an entity after an administrative dissolution upon compliance with certain conditions; and
Makes clarifying changes to the provision requiring notification of ratification of defective corporate actions to holders of valid and putative shares.(Note: This summary applies to this bill as enacted.)

Read More

Statutes affected:
Introduced (02/18/2022): 7-90-201.3, 7-90-203.1, 7-90-203.3, 7-90-203.8, 7-90-205.5, 7-90-1002, 7-103-106
Engrossed (03/10/2022): 7-90-201.3, 7-90-203.1, 7-90-203.3, 7-90-203.8, 7-90-205.5, 7-90-1002, 7-103-106
Reengrossed (03/11/2022): 7-90-201.3, 7-90-203.1, 7-90-203.3, 7-90-203.8, 7-90-205.5, 7-90-1002, 7-103-106
Revised (03/21/2022): 7-90-201.3, 7-90-203.1, 7-90-203.3, 7-90-203.8, 7-90-205.5, 7-90-1002, 7-103-106
Rerevised (03/22/2022): 7-90-201.3, 7-90-203.1, 7-90-203.3, 7-90-203.8, 7-90-205.5, 7-90-1002, 7-103-106
Final Act (03/29/2022): 7-90-201.3, 7-90-203.1, 7-90-203.3, 7-90-203.8, 7-90-205.5, 7-90-1002, 7-103-106
Signed Act (04/08/2022): 7-90-201.3, 7-90-203.1, 7-90-203.3, 7-90-203.8, 7-90-205.5, 7-90-1002, 7-103-106