Colorado § 11-109-305 - Application for charter.

Full text of Colorado Colorado Revised Statutes § 11-109-305 — Application for charter., with citation guidance and answers to common questions.

§ 11-109-305. Application for charter.

(1) After the capital stock has been fully subscribed, the incorporators shall make application to the banking board for a charter. The incorporators shall submit to the banking board the following:

(a) The proposed articles of incorporation in such form as the banking board, pursuant to rules, shall prescribe and as shall be acceptable to the secretary of state for purposes of filing;

(b) An application for a charter in such form and containing such information as the banking board may require.

(2) If the proposed articles of incorporation or application do not comply with the requirements of this article, and with the requirements of the banking board issued pursuant thereto, the banking board shall, within thirty days after the receipt thereof, return both of the said documents to the incorporators, calling attention to the defects therein.

Source: L. 2003: Entire article added with relocations, p. 1186, § 3, effective July 1.

Editor's note: This section is similar to former § 11-23-108 as it existed prior to 2003.

Frequently Asked Questions About Colorado § 11-109-305

What does Colorado Revised Statutes § 11-109-305 cover?

Section 11-109-305 ("Application for charter.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Colorado § 11-109-305?

A common citation format is "Colorado Revised Statutes § 11-109-305" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Colorado law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.

How does Colorado § 11-109-305 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.