Colo. Rev. Stat. § 7-90-204.3

Current through Chapter 519 of the 2024 Legislative Session and Chapter 2 of the 2024 First Extraordinary Session

Section 7-90-204.3 - Effect of an exchange

When an exchange takes effect, the owner's interests of each acquired entity are exchanged as provided in the plan, and the former holders of the owner's interests are entitled only to the exchange rights provided in the statement of owner's interest exchange or to their rights under the organic statutes.

C.R.S. § 7-90-204.3

Amended by 2022 Ch. 80, § 5, eff. 8/10/2022.

Renumbered from C.R.S. § 7-111-106(2) and amended by 2019 Ch. 166, § 14, eff. 7/1/2020.

L. 93: Entire article added, p. 805, § 1, effective 7/1/1994. L. 2004: (1) amended, p. 1504, § 276, effective July 1. L. 2007: (1) amended and (1.5) added, p. 247, § 47, effective May 29.

This section is similar to former § 7-111-106 (2) as it existed prior to July 1, 2020.

2022 Ch. 80, was passed without a safety clause. See Colo. Const. art. V, § 1(3).