Colorado § 7-58-403 Method of voting on amendment of articles and bylaws

Colorado Statutes

§ 7-58-403 — Method of voting on amendment of articles and bylaws

Colorado·Title 07 Corporations·Art. Uniform Limited Cooperative Association Act

(1)A substantive change to a proposed amendment of the articles or bylaws may not be made at the members meeting at which a vote on the amendment occurs.

(2)A nonsubstantive change to a proposed amendment of the articles or bylaws may be made at the members meeting at which the vote on the amendment occurs and need not be separately voted upon by the board of directors.

(3)A vote to adopt a nonsubstantive change to a proposed amendment to the articles or bylaws shall be by the same percentage of votes required to pass a proposed amendment.

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(1) A
substantive change to a proposed amendment of the articles or bylaws may not be
made at the members meeting at which a vote on the amendment occurs.

(2) A nonsubstantive change to a proposed amendment of the articles or
bylaws may be made at the members meeting at which the vote on the amendment
occurs and need not be separately voted upon by the board of directors.

(3) A vote to adopt a nonsubstantive change to a proposed amendment to
the articles or bylaws shall be by the same percentage of votes required to pass a
proposed amendment.

Colorado § 7-58-403 (Method of voting on amendment of articles and bylaws) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.