2017 Colorado Revised Statutes
Title 38 - Property - Real and Personal
Real Property
Article 33.5 - Cooperative Housing Corporations - Housing for Members
§ 38-33.5-106. Exemption from securities laws

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.

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