When an exchange takes effect, the owner’s interests of each acquired entity are exchanged as provided in the plan, and the former holders of the owner’s interests are entitled only to the exchange rights provided in the statement of owner’s interest exchange or to their rights under the organic statutes.
C.R.S. § 7-90-204.3
Effect of an exchange
Known as the Colorado Corporations and Associations Act
The act spans §§ 7-90-1001 to 7-90-915 (87 sections).
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.