Colorado Statutes

§ 10-14-104 — Representative form of government - defined

Colorado·Title 10 Insurance·Art. Fraternal Benefit Societies
(1)A society has a representative form of government when:
(a)The supreme governing body is either:
(I)An assembly composed of delegates elected directly by the members or at intermediate assemblies or conventions of members or their representatives, together with other delegates as may be prescribed in the society's governing documents. A society may provide for the election of delegates by mail. The elected delegates shall constitute at least a majority of the delegates and not less than two-thirds of the votes of the assembly and not less than the number of votes required to amend the society's governing documents. The assembly shall be elected, shall meet at least once every four years, and shall elect a board of directors to conduct the business of the society between me

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Legislative History

Source: L. 93: Entire article amended with relocations, p. 586, � 1, effective July 1.

Nearby Sections

15
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