Colorado § 7-127-205 Quorum and voting requirements for voting groups

Colorado Statutes

§ 7-127-205 — Quorum and voting requirements for voting groups

Colorado·Title 07 Corporations·Art. Members' Meetings and Voting

(1)Members entitled to vote as a separate voting group may take action on a matter at a meeting only if a quorum of those members exists with respect to that matter. Unless otherwise provided in articles 121 to 137 of this title or the bylaws, twenty-five percent of the votes entitled to be cast on the matter by the voting group constitutes a quorum of that voting group for action on that matter.

(2)Once a member is represented for any purpose at a meeting, including the purpose of determining that a quorum exists, the member is deemed present for quorum purposes for the remainder of the meeting and for any adjournment of that meeting, unless otherwise provided in the bylaws or unless a new record date is or shall be set for that adjourned meeting.

(3)If a quorum exists, acti

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(1)
Members entitled to vote as a separate voting group may take action on a matter at
a meeting only if a quorum of those members exists with respect to that matter.
Unless otherwise provided in articles 121 to 137 of this title or the bylaws, twenty-five percent of the votes entitled to be cast on the matter by the voting group
constitutes a quorum of that voting group for action on that matter.

(2) Once a member is represented for any purpose at a meeting, including
the purpose of determining that a quorum exists, the member is deemed present for
quorum purposes for the remainder of the meeting and for any adjournment of that
meeting, unless otherwise provided in the bylaws or unless a new record date is or
shall be set for that adjourned meeting.

(3) If a quorum exists, action on a matter other than the election of directors
by a voting group is approved if the votes cast within the voting group favoring the
action exceed the votes cast within the voting group opposing the action, unless a
greater number of affirmative votes is required by articles 121 to 137 of this title or
the bylaws.

(4) An amendment to the articles of incorporation or the bylaws adding,
changing, or deleting a quorum or voting requirement for a voting group greater
than that specified in subsection (1) or (3) of this section is governed by section 7-127-207 (2).

(5) The election of directors is governed by section 7-127-208.

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