Colorado Statutes

§ 7-48-110 — Directors

Colorado·Title 07 Corporations·Art. Business Development Corporations
The business and affairs of a corporation shall be conducted by a board of directors. The number of directors shall be a multiple of three. Two-thirds of the directors shall be elected by the members and one-third shall be elected by the stockholders. Any vacancy in the office of a director elected by the members shall be filled by the directors elected by the members, and any vacancy in the office of a director elected by the stockholders shall be filled by the directors elected by the stockholders.

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Colorado § 7-48-110 (Directors) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 65: p. 451, � 1. C.R.S. 1963: � 31-23-10.

Nearby Sections

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