{"data":{"id":"us-co/c.r.s.-7-51-111","jurisdiction":"us-co","citation":"C.R.S. § 7-51-111","heading":"Purchase of property.","body":"The directors, trustees, or other similar officers of any such corporation may purchase real and personal property necessary for their business and issue stock to the amount of the value thereof in payment therefor; and the stock so issued shall be declared to be full-paid stock and not liable to any further calls or assessments thereon nor for any debt of the corporation.","path":["Title 7 - CORPORATIONS AND ASSOCIATIONS","Article 51 - Joint Stock Religious or Benevolent Associations"],"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":"8205cc47937610212f8198a1251a449ee9e2f92919d3f4cd9e66fd64a1da4293","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-7-51-110","next":"us-co/c.r.s.-7-51-112"},"notice":"GroundRules: Original legal text. Not legal advice."}