Colorado § 7-106-103 - Issued and outstanding shares.
Full text of Colorado Colorado Revised Statutes § 7-106-103 — Issued and outstanding shares., with citation guidance and answers to common questions.
§ 7-106-103. Issued and outstanding shares.
(1) A corporation may issue the number of shares of each class or series authorized by the articles of incorporation. Shares that are issued are outstanding shares until they are reacquired, redeemed, converted, or canceled.
(2) The reacquisition, redemption, or conversion of outstanding shares is subject to the limitations contained in subsection (3) of this section and is subject to section 7-106-401.
(3) At all times that shares of the corporation are outstanding, one or more shares that together have unlimited voting rights and one or more shares that together are entitled to receive the net assets of the corporation upon dissolution shall be outstanding.
Source: L. 93: Entire article added, p. 754, § 1, effective July 1, 1994.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 7-106-103
What does Colorado Revised Statutes § 7-106-103 cover?
Section 7-106-103 ("Issued and outstanding shares.") 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 § 7-106-103?
A common citation format is "Colorado Revised Statutes § 7-106-103" (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 § 7-106-103 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.