Colorado Statutes
§ 7-108-103 — Number and election of directors
(1)A board of directors shall
consist of one or more members, with the number stated in or fixed in accordance
with the bylaws.
(2)The bylaws may establish a range for the size of the board of directors by
fixing a minimum and maximum number of directors. If a range is established, the
number of directors may be fixed or changed from time to time within the range by
the shareholders or the board of directors.
(3)Directors are elected at each annual meeting of the shareholders except
as provided in section 7-108-106.
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Legislative History
Source: L. 93: Entire article added, p. 778, � 1, effective July 1, 1994. L. 2003: (1) amended, p. 2319, � 239, effective July 1, 2004.
Nearby Sections
15
§ 7-101-101
Short title§ 7-101-102
Reservation of power to amend or repeal§ 7-101-201
Filing requirements§ 7-101-401
General definitions§ 7-101-501
Short title§ 7-101-504
Nonprofit corporations§ 7-101-506
Duties of directors§ 7-101-507
Benefit report - definition§ 7-101-509
No effect on other corporations§ 7-102-101
Incorporators§ 7-102-102
Articles of incorporation§ 7-102-103
Incorporation