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Except as authorized by section 7-133-102, a nonprofit corporation shall not make any distributions. Source: L. 97: Entire article added, p. 719, § 3, effective July 1, 1998.
Structure Colorado Code
Colorado Code
Title 7 - Corporations and Associations
Article 133 - Distributions
§ 7-133-101. Distributions Prohibited
§ 7-133-102. Authorized Distributions