Any stock certificate or other evidence of membership issued by a cooperative housing corporation as an investment in its stock or capital to tenant-stockholders of such corporation is exempt from securities laws contained in article 51 of title 11, C.R.S.
Source: L. 80: Entire article added, p. 705, § 1, effective July 1.
Structure Colorado Code
Title 38 - Property - Real and Personal
Article 33.5 - Cooperative Housing Corporations - Housing for Members
§ 38-33.5-101. Method of Formation - Purpose
§ 38-33.5-102. Requirements for Articles of Incorporation of Cooperative Housing Corporations
§ 38-33.5-103. Provisions Relating to Taxes, Interest, and Depreciation on Corporate Property
§ 38-33.5-104. Financing of Cooperative Housing - Stock Certificates Held by Tenant-Stockholders