Colorado Statutes
§ 7-55-104 — Board of directors
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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Legislative History
Source: L. 73: R&RE, p. 430, � 1. C.R.S. 1963: � 30-1-4.
Nearby Sections
15
§ 7-101-101
Short title§ 7-101-102
Reservation of power to amend or repeal§ 7-101-201
Filing requirements§ 7-101-401
General definitions§ 7-101-501
Short title§ 7-101-504
Nonprofit corporations§ 7-101-506
Duties of directors§ 7-101-507
Benefit report - definition§ 7-101-509
No effect on other corporations§ 7-102-101
Incorporators§ 7-102-102
Articles of incorporation§ 7-102-103
Incorporation