{"data":{"id":"us-co/c.r.s.-7-113-202","jurisdiction":"us-co","citation":"C.R.S. § 7-113-202","heading":"Notice of intent to demand payment.","body":"(1) If a proposed corporate action specified in section 7-113-102 (1) is submitted to a vote at a shareholders' meeting, a shareholder that wishes to assert appraisal rights with respect to any class or series of shares:\n\n(a) Must deliver to the corporation, before the vote is taken, notice of the shareholder's intent to demand payment if the proposed corporate action is effectuated; and\n\n(b) Must not vote, or cause or permit to be voted, any shares of the class or series in favor of the proposed corporate action.\n\n(2) If a proposed corporate action specified in section 7-113-102 (1) is to be approved by less than unanimous written consent, a shareholder that wishes to assert appraisal rights with respect to any class or series of shares must not execute a consent in favor of the proposed corporate action with respect to that class or series of shares.\n\n(3) A shareholder that fails to satisfy the requirements of subsection (1) or (2) of this section is not entitled to demand payment under this article 113.","path":["Title 7 - CORPORATIONS AND ASSOCIATIONS","Article 113 - Appraisal Rights","Part 2 - PROCEDURE FOR EXERCISE OF APPRAISAL RIGHTS"],"source_url":"https://olls.info/crs/crs2026-title-07.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"d48ad03544e8007e45ad3cea5ca0d85568c62b8c6fd062b9c7f5d27541f63974","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-7-113-201","next":"us-co/c.r.s.-7-113-203"},"notice":"GroundRules: Original legal text. Not legal advice."}