Colorado § 7-55-109 Amendment of articles

Colorado Statutes

§ 7-55-109 — Amendment of articles

Colorado·Title 07 Corporations·Art. Cooperatives - General

The articles of incorporation of a
cooperative association or corporation may be amended at any regular or special
meeting of the stockholders or members of such association. The proposed
amendment must be first approved by a two-thirds majority of the directors. The
notice of such meeting shall state or have attached thereto the proposed
amendment and shall be mailed to each member of record at least ten days prior to
the meeting date; except that cooperative associations with less than one hundred
members may post notice of such meeting in a conspicuous place at its normal
place of business for at least thirty days prior to such meeting. The proposed
amendment shall be approved by an affirmative vote of a majority of the
stockholders or members present or voting by mail. A cert

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The articles of incorporation of a
cooperative association or corporation may be amended at any regular or special
meeting of the stockholders or members of such association. The proposed
amendment must be first approved by a two-thirds majority of the directors. The
notice of such meeting shall state or have attached thereto the proposed
amendment and shall be mailed to each member of record at least ten days prior to
the meeting date; except that cooperative associations with less than one hundred
members may post notice of such meeting in a conspicuous place at its normal
place of business for at least thirty days prior to such meeting. The proposed
amendment shall be approved by an affirmative vote of a majority of the
stockholders or members present or voting by mail. A certificate stating such
amendment and the adoption thereof shall be delivered to the secretary of state for
filing pursuant to part 3 of article 90 of this title.

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Legislative History

Source: L. 73: R&RE, p. 431, � 1. C.R.S. 1963: � 30-1-9. L. 83: Entire section amended, p. 871, � 25, effective July 1. L. 2003: Entire section amended, p. 2216, � 57, effective July 1, 2004. L. 2004: Entire section amended, p. 1409, � 33, effective July 1.