Colorado Statutes

§ 7-127-206 — Action by single and multiple voting groups

Colorado·Title 07 Corporations·Art. Members' Meetings and Voting
(1)If articles 121 to 137 of this title or the bylaws provide for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in section 7-127-205.
(2)If articles 121 to 137 of this title or the bylaws provide for voting by two or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in section 7-127-205. One voting group may vote on a matter even though no action is taken by another voting group entitled to vote on the matter.

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Legislative History

Source: L. 97: Entire article added, p. 686, � 3, effective July 1, 1998.

Nearby Sections

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