Colorado § 7-107-102 Special meeting

Colorado Statutes

§ 7-107-102 — Special meeting

Colorado § 7-107-102

Title 07Corporations

Art.Shareholders

This text of Colorado § 7-107-102 (Special meeting) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 7-107-102 (2026).

Text

(1)A corporation shall hold a special meeting of shareholders:

(a)On call of its board of directors or the person or persons authorized by the bylaws or resolution of the board of directors to call such a meeting; or

(b)If the corporation receives one or more written demands for the meeting, stating the purpose or purposes for which it is to be held, signed and dated by the holders of shares representing at least ten percent of all the votes entitled to be cast on any issue proposed to be considered at the meeting.

(2)If not otherwise fixed under section 7-107-103 or 7-107-107, the record date for determining shareholders entitled to demand a special meeting pursuant to paragraph (b) of subsection (1) of this section is the date of the earliest of any of the demands pursuant

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(1) A corporation shall hold a special meeting
of shareholders:

(a) On call of its board of directors or the person or persons authorized by
the bylaws or resolution of the board of directors to call such a meeting; or

(b) If the corporation receives one or more written demands for the meeting,
stating the purpose or purposes for which it is to be held, signed and dated by the
holders of shares representing at least ten percent of all the votes entitled to be
cast on any issue proposed to be considered at the meeting.

(2) If not otherwise fixed under section 7-107-103 or 7-107-107, the record
date for determining shareholders entitled to demand a special meeting pursuant
to paragraph (b) of subsection (1) of this section is the date of the earliest of any of
the demands pursuant to which the meeting is called, or the date that is sixty days
before the date the first of such demands is received by the corporation, whichever
is later.

(3) Unless the board of directors determines to hold the meeting solely by
means of remote communication in accordance with section 7-107-108:

(a) Special shareholders' meetings may be held in or out of this state at the
place stated in or fixed in accordance with the bylaws, or, if not stated in or fixed in
accordance with the bylaws, at a place stated in or fixed in accordance with a
resolution of the board of directors.

(b) If no place is stated in or fixed pursuant to subsection (3)(a) of this
section, special meetings shall be held at the corporation's principal office.

(4) Only business within the purpose or purposes described in the notice of
the meeting required by section 7-107-105 (3) may be conducted at a special
shareholders' meeting.

Legislative History

Source: L. 93: Entire article added, p. 764, � 1, effective July 1, 1994. L. 96: (1)(a), (2), and (3) amended, p. 1316, � 16, effective June 1. L. 2021: (3) amended, (HB 21-1124), ch. 41, p. 165, � 10, effective April 19.