A corporation may pay the expenses of selling or underwriting its shares, and of incorporating, organizing, or reorganizing the corporation, from the consideration received for shares.
Source: L. 93: Entire article added, p. 760, § 1, effective July 1, 1994.
Structure Colorado Code
Title 7 - Corporations and Associations
Article 106 - Shares and Distributions
§ 7-106-201. Subscription for Shares
§ 7-106-202. Issuance of Shares
§ 7-106-203. Liability of Shareholders
§ 7-106-205. Share Options and Other Rights - Definitions
§ 7-106-206. Form and Content of Certificates
§ 7-106-207. Shares Without Certificates
§ 7-106-208. Restriction on Transfer of Shares and Other Securities