Colorado § 7-55-104 Board of directors

Colorado Statutes

§ 7-55-104 — Board of directors

Colorado § 7-55-104

Title 07Corporations

Art.Cooperatives - General

This text of Colorado § 7-55-104 (Board of directors) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 7-55-104 (2026).

Text

The board of directors of a cooperative
association shall be stockholders or members of such association or the
representatives duly authorized in writing of a legal entity which is a stockholder or
member of said cooperative association; except that the articles of incorporation
and bylaws may permit the election of any number of directors, less than a majority,
who are not stockholders or members, to be elected as stated in the bylaws.

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The board of directors of a cooperative
association shall be stockholders or members of such association or the
representatives duly authorized in writing of a legal entity which is a stockholder or
member of said cooperative association; except that the articles of incorporation
and bylaws may permit the election of any number of directors, less than a majority,
who are not stockholders or members, to be elected as stated in the bylaws.