(1) Any stock insurance company organized under the laws of this state, referred to in this part 6 as a “domestic company”, may adopt a plan of exchange providing for the exchange by its shareholders of their stock in the domestic company for: (a) Shares of stock issued by an acquiring corporation; or (b) Other securities issued by an acquiring corporation; or (c) Cash; or (d) Other consideration; or (e) Any combination of such stock, other securities, cash, or other consideration.
C.R.S. § 10-3-602
Exchange of securities
Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.