Governor Signed
Summary
The Colorado Artist Company Act defines an "artist company" as an LLC where at least 51% of voting interests are owned by artists and that must state a specific artistic mission. It gives these companies flexible governance options, special fiduciary duties tied to the mission, rules for assigning or licensing artistic works, and a path to become a public‑benefit entity. A small appropriation funds the state to process filings, and the law takes effect after a July 1 2027 implementation deadline, unless a referendum blocks it.
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