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2022 Colorado Code
Title 7 - Corporations and Associations
Article 48 - Business Development Corporations
§ 7-48-107. Acquisition or Disposition of Securities and Capital Stock
Universal Citation: CO Code § 7-48-107 (2022)
Notwithstanding any other provision of law, any person, corporation, public utility, financial institution, or labor union may acquire, hold, sell, assign, transfer, mortgage, pledge, or otherwise dispose of any bonds, notes, debentures, securities, or other evidences of indebtedness or the shares of capital stock of a corporation created under this article; but the amount of capital stock which may be acquired by any member of such corporation shall not exceed ten percent of the loan limit of that member.
Source: L. 65: p. 449, § 1. C.R.S. 1963: § 31-23-7.
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