Colorado § 38-33.5-101 - Method of formation - purpose.
Full text of Colorado Colorado Revised Statutes § 38-33.5-101 — Method of formation - purpose., with citation guidance and answers to common questions.
§ 38-33.5-101. Method of formation - purpose.
Cooperative housing corporations may be formed by any three or more adult residents of this state associating themselves to form a cooperative or nonprofit corporation, pursuant to article 55, 56, or 58 of title 7, C.R.S., or the "Colorado Revised Nonprofit Corporation Act", articles 121 to 137 of title 7, C.R.S. The specified purpose of the entity must be to provide each stockholder in or member of the entity with the right to occupy, for dwelling purposes, a house or an apartment in a building owned or leased by the entity.
Source: L. 80: Entire article added, p. 704, § 1, effective July 1. L. 97: Entire section amended, p. 764, § 38, effective July 1, 1998. L. 2011: Entire section amended, (SB 11-191), ch. 197, p. 820, § 5, effective April 2, 2012.
ANNOTATION
Law reviews. For article, "Rights of First Refusal in Condominium Documents", see 11 Colo. Law. 389 (1982). For symposium on condominium law and practice, see 11 Colo. Law. 2734 (1982). For article, "Cooperative Housing Corporations in Colorado", see 13 Colo. Law. 2013 (1984).
Frequently Asked Questions About Colorado § 38-33.5-101
What does Colorado Revised Statutes § 38-33.5-101 cover?
Section 38-33.5-101 ("Method of formation - purpose.") 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 § 38-33.5-101?
A common citation format is "Colorado Revised Statutes § 38-33.5-101" (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 § 38-33.5-101 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.