Colorado Statutes

§ 7-80-402 — Designation of managers

Colorado·Title 07 Corporations·Art. Limited Liability Companies
The members of a limited liability company, the articles of organization of which provide that management of the limited liability company is vested in one or more managers, may designate one or more persons to be managers. A manager who is an individual shall be eighteen years of age or older. Managers may be designated and removed by the consent of a majority of the members.

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Legislative History

Source: L. 2004: Entire part R&RE, p. 939, � 6, effective July 1. L. 2006: Entire section amended, p. 857, � 22, effective July 1.

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