Colorado lawmakers approved new provisions based on the American Bar Association’s Model Business Corporation Act for the ratification of defective corporate actions. Under the new law, corporations can ratify voidable and void corporate actions, such as the over-issuance of shares, through an administrative process. Until now, the only recourse for ratification available to Colorado entities was to seek ratification from the courts.

This and other updates changes are captured in the 2020 edition of CSCPublishing’s Colorado Laws Governing Business Entities Annotated. The book is annotated with the latest case notes interpreting Colorado business entity law, and includes a Fee Table for all Colorado business entity filings.

Readers can also access over 60 Colorado business forms for incorporation/formation, qualification, mergers, dissolution, and name reservation for all entity types via The Lexis Store download center.

These features, together the book’s comprehensive scope of annotated business laws and Uniform Commercial Code statutes make Colorado Laws Governing Business Entities a valued resource for corporate attorneys, in-house counsel and C-suite executives, as well as solo practitioners and general practice firms who advise Colorado small businesses.

Colorado Governing Business Entities Annotated is available as a softbound book or as an ebook, compatible with dedicated e-reader devices, computers, tablets and smartphones that use e-reader software or applications. It is also available on the LexisNexis Digital Library.

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To learn more about the 2020 Edition of Colorado Laws Governing Business Entities, call 1.800.533.1637 or visit us online at www.lexisnexis.com/csc.

Colorado introduces new procedures for ratifying defective corporate actions