Colorado § 7-106-402 - Unclaimed distributions.

Full text of Colorado Colorado Revised Statutes § 7-106-402 — Unclaimed distributions., with citation guidance and answers to common questions.

§ 7-106-402. Unclaimed distributions.

If a corporation has mailed three successive distributions to a shareholder addressed to the shareholder's address shown on the corporation's current record of shareholders and the distributions have been returned as undeliverable, no further attempt to deliver distributions to the shareholder need be made until another address for the shareholder is made known to the corporation, at which time all distributions accumulated by reason of this section shall, except as otherwise provided by law, be mailed to the shareholder at such other address.

Source: L. 93: Entire article added, p. 764, § 1, effective July 1, 1994.

ARTICLE 107

Shareholders

PART 1

MEETINGS

7-107-101. Annual meeting.

7-107-102. Special meeting.

7-107-103. Court-ordered meeting.

7-107-104. Action without meeting.

7-107-105. Notice of meeting.

7-107-106. Waiver of notice.

7-107-107. Record date.

7-107-108. Remote participation in shareholders' meetings - meetings held solely by remote participation.

PART 2

VOTING

7-107-201. Shareholders' list for meeting.

7-107-202. Voting entitlement of shares.

7-107-203. Proxies.

7-107-204. Shares held by intermediaries and nominees.

7-107-205. Corporation's acceptance of votes.

7-107-206. Quorum and voting requirements for voting groups.

7-107-207. Action by single and multiple voting groups.

7-107-208. Greater quorum or voting requirements.

7-107-209. Voting for directors - cumulative voting.

PART 3

VOTING TRUSTS AND AGREEMENTS

7-107-301. Voting trusts.

7-107-302. Voting agreements.

PART 4

ACTIONS BY SHAREHOLDERS

7-107-401. Definition of "shareholder" - repeal. (Repealed)

7-107-402. Actions by shareholders.

PART 1

MEETINGS

Source: official Colorado text · Last verified 2026-08-27

Related Colorado Legal Topics

Frequently Asked Questions About Colorado § 7-106-402

What does Colorado Revised Statutes § 7-106-402 cover?

Section 7-106-402 ("Unclaimed distributions.") 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 § 7-106-402?

A common citation format is "Colorado Revised Statutes § 7-106-402" (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 § 7-106-402 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.