C.R.S. Section 7-126-303
Purchase of memberships


Unless otherwise provided by the bylaws, a nonprofit corporation shall not purchase the membership of a member who resigns or whose membership is terminated. If so authorized, a nonprofit corporation may purchase the membership of a member who resigns or whose membership is terminated for the amount and pursuant to the conditions stated in or authorized by its bylaws. No payment shall be made in violation of article 133 of this title.

Source: Section 7-126-303 — Purchase of memberships, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-07.­pdf (accessed May 26, 2025).

Current through Fall 2025

§ 7-126-303. Purchase of memberships's source at colorado​.gov