Corporations

This chapter assesses Article XV of the Colorado Constitution, concerning corporations. Section 2 forbids special corporate charters and requires the state to have a general incorporation code. Section 3 reserves legislative power to revoke, alter, or amend the charters of private corporations. Section 5 is an antitrust rule specific to railroads, and Section 6 forbids railroads’ discrimination among customers. Section 8’s guarantees the general assembly’s power of eminent domain over property held by corporations. Section 10 requires foreign corporations doing business in the state to have a place of business and resident agent in Colorado. Section 12’s ban on retrospective laws should be read with Article II, Section 11.