Title 07 · CRS Title 07

Capital contributions

Citation: C.R.S. § 7-63-112

Section: 7-63-112

7-63-112. Capital contributions. (1) The persons forming an association shall make contribution to its capital in cash or in other property. (2) The valuation of property contributed as contemplated in subsection (1) of this section must be approved by all of the initial members. This subsection (2) is a default rule, subject to the bylaws. Source: L. 95: Entire article added, p. 797, � 18, effective May 24.