Nonsubstantive Changes To Title 7 Of Colorado Revised Statutes

The act makes technical changes to the "Colorado Corporations and Associations Act" and the "Colorado Business Corporation Act" as follows:

• Changes references to "owners' interest" to "owner's interest";
• Repeals a provision exempting certain domestic entities from a provision allowing reinstatement of an entity after an administrative dissolution upon compliance with certain conditions; and
• Makes clarifying changes to the provision requiring notification of ratification of defective corporate actions to holders of valid and putative shares.
  (Note: This summary applies to this bill as enacted.)