Colorado § 7-113-207 - Procedure if shareholder is dissatisfied with payment or offer.
Full text of Colorado Colorado Revised Statutes § 7-113-207 — Procedure if shareholder is dissatisfied with payment or offer., with citation guidance and answers to common questions.
§ 7-113-207. Procedure if shareholder is dissatisfied with payment or offer.
(1) A shareholder that is paid pursuant to section 7-113-205 and is dissatisfied with the amount of the payment must notify the corporation in writing of that shareholder's estimate of the fair value of the shares and demand payment of that estimate, plus interest, less any payment made under section 7-113-205. A shareholder that is offered payment under section 7-113-206 and is dissatisfied with that offer must reject the offer and demand payment of the shareholder's stated estimate of the fair value of the shares, plus interest.
(2) A shareholder that fails to notify the corporation in writing of that shareholder's demand to be paid the shareholder's stated estimate of the fair value plus interest under subsection (1) of this section within thirty days after receiving the corporation's payment or offer of payment under section 7-113-205 or 7-113-206, respectively, waives the right to demand payment under this section and is entitled only to the payment made or offered pursuant to those respective sections.
Source: L. 2019: Entire article R&RE, (SB 19-086), ch. 166, p. 1957, § 56, effective July 1, 2020.
Editor's note: This section is similar to former § 7-113-209 as it existed prior to 2020.
PART 3
JUDICIAL APPRAISAL OF SHARES
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 7-113-207
What does Colorado Revised Statutes § 7-113-207 cover?
Section 7-113-207 ("Procedure if shareholder is dissatisfied with payment or offer.") 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 § 7-113-207?
A common citation format is "Colorado Revised Statutes § 7-113-207" (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 § 7-113-207 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.