Colorado § 7-58-514 Voting requirements for members

Colorado Statutes

§ 7-58-514 — Voting requirements for members

Colorado § 7-58-514

Title 07Corporations

Art.Uniform Limited Cooperative Association Act

This text of Colorado § 7-58-514 (Voting requirements for members) 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. § 7-58-514 (2026).

Text

(1)If a limited cooperative association has both patron and investor members, the following rules apply:

(a)The total voting power of all patron members must not be less than a majority of the entire voting power entitled to vote.

(b)Action on any matter is approved only upon the affirmative vote of at least a majority of:

(I)All members voting at the meeting unless more than a majority is required or permitted by parts 4, 12, 15, and 16 of this article or the articles or bylaws; and

(II)Votes cast by patron members unless the articles or bylaws require a larger affirmative vote by patron members.

(c)The articles or bylaws may provide for the percentage of the affirmative votes that must be cast by investor members to approve the matter.

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(1) If a limited cooperative
association has both patron and investor members, the following rules apply:

(a) The total voting power of all patron members must not be less than a
majority of the entire voting power entitled to vote.

(b) Action on any matter is approved only upon the affirmative vote of at
least a majority of:

(I) All members voting at the meeting unless more than a majority is required
or permitted by parts 4, 12, 15, and 16 of this article or the articles or bylaws; and

(II) Votes cast by patron members unless the articles or bylaws require a
larger affirmative vote by patron members.

(c) The articles or bylaws may provide for the percentage of the affirmative
votes that must be cast by investor members to approve the matter.