§ 7-108-301 — Officers

Colorado § 7-108-301

• Jurisdiction: Colorado
• Title 07: Corporations
• Art.: Directors and Officers

Text

(1) A corporation shall have the officers designated in
its bylaws or by the board of directors. An officer shall be an individual who is
eighteen years of age or older.

(2) Officers may be appointed by the board of directors or in such other
manner as the board of directors or bylaws may provide. A duly appointed officer
may appoint one or more officers or assistant officers if authorized by the bylaws or
the board of directors.

(3) The bylaws or the board of directors shall delegate to one or more of the
officers responsibility for the preparation and maintenance of minutes of the
directors' and shareholders' meetings and other records and information required
to be kept by the corporation under section 7-116-101 and for authenticating records
of the corporation.

(4) The same individual may simultaneously hold more than one office in the
corporation.

Legislative History

Source: L. 93: Entire article added, p. 785, � 1, effective July 1, 1994. L. 2004: (1) amended, p. 1499, � 259, effective July 1.