Colo. Rev. Stat. § 10-3-127

Current through Acts effective through 6/7/2024 of the 2024 Legislative Session
Section 10-3-127 - Domicile of nonprofit hospital, medical-surgical, and health services corporations
(1) A corporation organized under the laws of another state for the purposes set forth in section 10-16-302 may qualify under parts 1 and 3 of article 16 of this title to do business in this state as a nonprofit hospital, medical-surgical, and health services corporation, and upon notice to the commissioner may change its domicile by merger, consolidation, or otherwise under the procedures of section 10-3-125 for insurers. Except as specified in this section, any such corporation shall comply with all provisions of parts 1 and 3 of article 16 of this title with respect to the business of the corporation in this state.
(2) The provisions of sections 10-16-304(1) and 10-16-305(1) shall apply to a foreign corporation to the extent such provisions do not conflict with the governing laws of the corporation's domicile.

C.R.S. § 10-3-127

L. 89: Entire section added, p. 444, § 1, effective April 19. L. 92: Entire section amended, p. 1723, § 3, effective July 1.