Colorado § 7-113-202 - Notice of intent to demand payment.
Full text of Colorado Colorado Revised Statutes § 7-113-202 — Notice of intent to demand payment., with citation guidance and answers to common questions.
§ 7-113-202. Notice of intent to demand payment.
(1) If a proposed corporate action specified in section 7-113-102 (1) is submitted to a vote at a shareholders' meeting, a shareholder that wishes to assert appraisal rights with respect to any class or series of shares:
(a) Must deliver to the corporation, before the vote is taken, notice of the shareholder's intent to demand payment if the proposed corporate action is effectuated; and
(b) Must not vote, or cause or permit to be voted, any shares of the class or series in favor of the proposed corporate action.
(2) If a proposed corporate action specified in section 7-113-102 (1) is to be approved by less than unanimous written consent, a shareholder that wishes to assert appraisal rights with respect to any class or series of shares must not execute a consent in favor of the proposed corporate action with respect to that class or series of shares.
(3) A shareholder that fails to satisfy the requirements of subsection (1) or (2) of this section is not entitled to demand payment under this article 113.
Source: L. 2019: Entire article R&RE, (SB 19-086), ch. 166, p. 1954, § 56, effective July 1, 2020. L. 2021: (1)(a) amended, (HB 21-1124), ch. 41, p. 171, § 26, effective April 19.
Editor's note: This section is similar to former § 7-113-202 as it existed prior to 2020.
ANNOTATION
Law reviews. For article, "Dissenter's Rights in Colorado", see 18 Colo. Law. 1101 (1989).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 7-113-202
What does Colorado Revised Statutes § 7-113-202 cover?
Section 7-113-202 ("Notice of intent to demand payment.") 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 § 7-113-202?
A common citation format is "Colorado Revised Statutes § 7-113-202" (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 § 7-113-202 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.