Colorado § 7-80-1217 - Public benefit artist company - annual statements.
Full text of Colorado Colorado Revised Statutes § 7-80-1217 — Public benefit artist company - annual statements., with citation guidance and answers to common questions.
§ 7-80-1217. Public benefit artist company - annual statements.
(1) A public benefit artist company shall at least annually provide its members and donors with a statement specifying:
(a) The public benefit artist company's promotion of the public benefits set forth in its articles of organization and operating agreement, if any;
(b) The public benefit artist company's fulfillment of its artistic mission; and
(c) The best interests of those materially affected by the public benefit artist company's conduct.
(2) The statement required by subsection (1) of this section must include:
(a) The objectives that have been established to promote the public benefit artist company's public benefits, artistic mission, and interests;
(b) The standards that have been adopted to measure the public benefit artist company's progress in promoting the public benefit artist company's public benefits, artistic mission, and interests;
(c) Objective factual information based on the standards described in subsection (2)(b) of this section regarding the public benefit artist company's success in meeting the objectives for promoting the public benefits, artistic mission, and interests; and
(d) An assessment of the public benefit artist company's success in meeting the objectives and promoting the public benefits, artistic mission, and interests.
(3) The statement required by this section may be included in or provided concurrently with any other report or statement provided to members.
Source: L. 2026: Entire part added, (SB 26-133), ch. 297, p. 1637, § 1, effective August 12.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 7-80-1217
What does Colorado Revised Statutes § 7-80-1217 cover?
Section 7-80-1217 ("Public benefit artist company - annual statements.") 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 § 7-80-1217?
A common citation format is "Colorado Revised Statutes § 7-80-1217" (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 § 7-80-1217 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.