Title 07 · CRS Title 07
Authority to amend articles of incorporation
Citation: C.R.S. § 7-130-101
Section: 7-130-101
7-130-101. Authority to amend articles of incorporation. (1) 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. (2) 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.