CO HB1124

Allows solicitation of orders via electronic transmission in addition to mail, making foreign entities' remote business activities less likely to constitute transacting business in Colorado.

Expands definitions of "delivery," "address," "electronic transmission," "electronic record," and "signature" throughout Colorado corporate law to encompass modern electronic communications and methods.

Creates comprehensive notice provision (section 7-90-105) permitting electronic delivery of notices to owners and shareholders via email or other electronic means, with requirements for prominent legends and opt-out provisions.

Enables remote participation and meetings held solely by remote communication for both shareholders and board of directors, if corporation implements reasonable verification and participation measures.

Updates corporate governance procedures to accept electronic documents and consents, including shareholder written consents delivered electronically, and allows shareholder lists to be made available on electronic networks.