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Colorado Rev. Stat.
2022 Colorado Code
Title 7 - Corporations and Associations
Article 130 - Amendment of Articles of Incorporation and Bylaws
Part 1 - Amendment of Articles of Incorporation
§ 7-130-101. Authority to Amend Articles of Incorporation
Universal Citation:
CO Rev Stat § 7-130-101 (2022)
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- A nonprofit corporation may amend its articles of incorporation at any time to add or change a provision that is required or permitted in the articles of incorporation or to delete a provision not required in the articles of incorporation. Whether a provision is required or permitted in the articles of incorporation is determined as of the effective date of the amendment.
- A member does not have a vested property right resulting from any provision in the articles of incorporation or the bylaws, including any provision relating to management, control, purpose, or duration of the nonprofit corporation.
Source: L. 97: Entire article added, p. 706, § 3, effective July 1, 1998. L. 98: (2) amended, p. 625, § 32, effective July 1.
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