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Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Surplus funds Unless otherwise provided in the declaration, any surplus funds of the association remaining after payment of or provision for common expenses and any prepayment of or provision for reserves shall be paid to the unit owners in […]

Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Assessments for common expenses 38-33.3-315. Assessments for common expenses (1) Until the association makes a common expense assessment, the declarant shall pay all common expenses. After any assessment has been made by the association, assessments shall be made no […]

Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Time share estate – foreclosure – definitions 38-33.3-316.5. Time share estate – foreclosure – definitions (1) As used in this section, unless the context otherwise requires: (a) “Junior lienor” has the same meaning as set forth in section 38-38-100.3 […]

Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Association records — rules. 38-33.3-317. Association records — rules. (Effective September 7, 2021) (1) In addition to any records specifically defined in the association’s declaration or bylaws or expressly required by section 38-33.3-209.4 (2), the association must maintain the […]

Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Association as trustee With respect to a third person dealing with the association in the association’s capacity as a trustee, the existence of trust powers and their proper exercise by the association may be assumed without inquiry. A third […]

Title 38 – Property – Real and Personal Article 33.3 – Colorado Common Interest Ownership Act Other applicable statutes To the extent that provisions of this article conflict with applicable provisions in the “Colorado Business Corporation Act”, articles 101 to 117 of title 7, C.R.S., the “Colorado Revised Nonprofit Corporation Act”, articles 121 to 137 […]

Title 7 – Corporations and Associations Article 121 – General Provisions General definitions As used in articles 121 to 137 of this title 7, unless the context otherwise requires: (1) (Deleted by amendment, L. 2003, p. 2332, § 280, effective July 1, 2004.) (2) “Articles of incorporation” includes amended articles of incorporation, restated articles of […]

Title 7 – Corporations and Associations Article 121 – General Provisions Notice 7-121-402. Notice (1) Notice given pursuant to articles 121 to 137 of this title shall be in writing unless otherwise provided in the bylaws. (2) Notice may be given in person; by telephone, telegraph, teletype, electronically transmitted, or other form of wire or […]

Title 7 – Corporations and Associations Article 121 – General Provisions Short title Articles 121 to 137 of this title shall be known and may be cited as the “Colorado Revised Nonprofit Corporation Act”.

Title 7 – Corporations and Associations Article 121 – General Provisions Reservation of power to amend or repeal The general assembly has the power to amend or repeal all or part of articles 121 to 137 of this title at any time and all domestic and foreign nonprofit corporations subject to said articles shall be […]

Title 7 – Corporations and Associations Article 121 – General Provisions Filing requirements Part 3 of article 90 of this title, providing for the filing of documents, applies to any document filed or to be filed by the secretary of state pursuant to articles 121 to 137 of this title.

Title 7 – Corporations and Associations Article 121 – General Provisions Powers – repeal. (Repealed)