Colorado legislation · 2026 Regular Session
Colorado SB133: Colorado Artist Companies
Status: Chaptered, June 2, 2026
Concerning the authorization to establish an artist company in the state, and, in connection therewith, enacting the "Colorado Artist Company act", and making an appropriation.
What the bill says
To amend the articles of organization pursuant to the limited liability company's operating agreement or, if the operating agreement does not specify the vote or consent required, by the unanimous consent of all members; and (d) file the amended articles of organization with the secretary of state in accordance with section 7-90-301. (2) upon the filing of amended articles of organization pursuant to subsection (1)(d) of this section: (a) the limited liability company continues to be the same entity that existed before the election; (b) all rights, title, and interests to all real property and.
From the enrolled text, May 20, 2026:
TO AMEND THE ARTICLES OF ORGANIZATION PURSUANT TO THE LIMITED LIABILITY COMPANY'S OPERATING AGREEMENT OR, IF THE OPERATING AGREEMENT DOES NOT SPECIFY THE VOTE OR CONSENT REQUIRED, BY THE UNANIMOUS CONSENT OF ALL MEMBERS; AND (d) FILE THE AMENDED ARTICLES OF ORGANIZATION WITH THE SECRETARY OF STATE IN ACCORDANCE WITH SECTION 7-90-301. (2) UPON THE FILING OF AMENDED ARTICLES OF ORGANIZATION PURSUANT TO SUBSECTION (1)(d) OF THIS SECTION: (a) THE LIMITED LIABILITY COMPANY CONTINUES TO BE THE SAME ENTITY THAT EXISTED BEFORE THE ELECTION; (b) ALL RIGHTS, TITLE, AND INTERESTS TO ALL REAL PROPERTY AND OTHER PROPERTY OWNED BY THE LIMITED LIABILITY COMPANY REMAIN VESTED IN THE ARTIST COMPANY; (c) ALL LIABILITIES AND OBLIGATIONS OF THE LIMITED LIABILITY PAGE 4-SENATE BILL 26-133 COMPANY REMAIN LIABILITIES AND OBLIGATIONS OF THE ARTIST COMPANY; (d) ALL RIGHTS OF CREDITORS AND ALL LIENS UPON ANY PROPERTY OF THE LIMITED LIABILITY COMPANY ARE PRESERVED UNIMPAIRED; (e) ANY ACTION OR PROCEEDING PENDING AGAINST THE LIMITED LIABILITY COMPANY MAY BE CONTINUED AGAINST THE ARTIST COMPANY AS IF THE ELECTION HAD NOT OCCURRED; AND (f) THE ARTIST COMPANY IS SUBJECT TO THIS PART 12. (3) AN ELECTION CONDUCTED PURSUANT TO THIS SECTION DOES NOT CONSTITUTE A DISSOLUTION, TERMINATION, OR TRANSFER OF ASSETS OF THE LIMITED LIABILITY COMPANY. (4) (a) THE ELECTION TO BECOME AN ARTIST COMPANY PURSUANT TO …