§ 7-50-104 — Trustees of educational institution

Any corporation existing for
educational purposes under the law of this state that maintains one or more
institutions of higher education of the grade of a university or college shall be
governed and controlled by its board of trustees, wardens, or directors, as the case
may be, who shall have power at any time, by a vote of two-thirds of the full board
of trustees elected, to increase the board of directors, trustees, or wardens to any
number that they see fit and shall also have the power to decrease the same to any
number not less than three. The terms of office of such directors, wardens, or
trustees may be determined by said board of trustees, wardens, or directors as
shall be adopted by them by a bylaw in which two-thirds of the whole number shall
concur before the same shall be binding upon the board of trustees, directors, or
wardens, as the case may be.

Legislative History

Source: L. 1893: p. 92, � 1. R.S. 08: � 1021. C.L. � 2387. CSA: C. 41, � 180. CRS 53: � 31-21-4. C.R.S. 1963: � 31-20-4. L. 2003: Entire section amended, p. 2212, � 41, effective July 1, 2004.