C.R.S. § 7-133-102: Authorized distributions.
Where this section sits in the code
- Title 7 - CORPORATIONS AND ASSOCIATIONS
- Article 133 - Distributions
(1) A nonprofit corporation may:
(a) Make distributions of its income or assets to its members that are domestic or foreign nonprofit corporations;
(b) Pay compensation in a reasonable amount to its members, directors, or officers for services rendered; and
(c) Confer benefits upon its members in conformity with its purposes.
(2) Nonprofit corporations may make distributions upon dissolution in conformity with article 134 of this title.
Collected 2026-09-14T18:37:45Z. Source file · JSON