HB22-1250
Nonsubstantive Changes To Title 7 Of Colorado Revised Statutes
Concerning nonsubstantive changes to title 7 of the Colorado revised statutes.
Session:
2022 Regular Session
Subject:
Bill Summary
Business & Economic Development
- Changes references to "owners' interest" to "owner's interest";
- Repeals a provision exempting certain domestic entities from a provision allowing reinstatement of an entity after an administrative dissolution upon compliance with certain conditions; and
- Makes clarifying changes to the provision requiring notification of ratification of defective corporate actions to holders of valid and putative shares.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)