Colorado § 7-90-203.1 - Exchange of owner's interest.
Full text of Colorado Colorado Revised Statutes § 7-90-203.1 — Exchange of owner's interest., with citation guidance and answers to common questions.
§ 7-90-203.1. Exchange of owner's interest.
(1) One or more domestic entities may acquire all owner's interests of any other entity or all of one or more classes, series, or types, in exchange for owner's interests or other securities, obligations, rights to acquire owner's interests, or other securities, cash, property, or any combination pursuant to a plan of exchange complying with section 7-90-203.3 and approved pursuant to section 7-90-203.4.
(2) A foreign entity may be party to an exchange pursuant to a plan of exchange complying with section 7-90-203.3 and approved, in the case of a domestic entity, pursuant to section 7-90-203.4, if:
(a) The exchange is not prohibited by the constituent documents or organic statutes of the foreign entity;
(b) The foreign entity complies with all of the requirements, if any, of its constituent documents and organic statutes in effecting the exchange; and
(c) Any foreign entity that is the acquiring entity in the exchange complies with section 7-90-204.5.
(3) This section does not limit the power of a domestic entity to acquire the owner's interests of any other entity in a transaction other than an exchange.
Source: L. 2019: Entire section added, (SB 19-086), ch. 166, p. 1914, § 8, effective July 1, 2020. L. 2022: (1) and (3) amended, (HB 22-1250), ch. 80, p. 396, § 2, effective August 10.
ANNOTATION
Law reviews. For article, "2019 Colorado Business Law Updates: Revising the Colorado Business Corporation Act and the Colorado Corporations and Associations Act", see 48 Colo. Law. 26 (Nov. 2019).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 7-90-203.1
What does Colorado Revised Statutes § 7-90-203.1 cover?
Section 7-90-203.1 ("Exchange of owner's interest.") 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 § 7-90-203.1?
A common citation format is "Colorado Revised Statutes § 7-90-203.1" (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 § 7-90-203.1 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.