Colorado § 7-58-801 Board of directors

Colorado Statutes

§ 7-58-801 — Board of directors

Colorado § 7-58-801

Title 07Corporations

Art.Uniform Limited Cooperative Association Act

This text of Colorado § 7-58-801 (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. § 7-58-801 (2026).

Text

(1)A limited cooperative association must have a board of directors of at least three individuals unless the association has fewer than three members. If the association has fewer than three members, the number of directors may not be fewer than the number of members.

(2)The affairs of a limited cooperative association must be managed by, or under the direction of, the board of directors. The board may adopt policies and procedures that do not conflict with the articles, bylaws, or this article.

(3)An individual is not an agent for a limited cooperative association solely by being a director.

Free access — add to your briefcase to read the full text and ask questions with AI

(1) A limited cooperative association must
have a board of directors of at least three individuals unless the association has
fewer than three members. If the association has fewer than three members, the
number of directors may not be fewer than the number of members.

(2) The affairs of a limited cooperative association must be managed by, or
under the direction of, the board of directors. The board may adopt policies and
procedures that do not conflict with the articles, bylaws, or this article.

(3) An individual is not an agent for a limited cooperative association solely
by being a director.