§ 11-103-404 — Waiver of notice - meeting or vote

Colorado § 11-103-404

• Jurisdiction: Colorado
• Title 11: Financial
• Art.: Organization and

Text

(1) When a notice is required
to be given to stockholders under this code, or the charter or bylaws of any state
bank, a waiver thereof in writing, signed by the person entitled to said notice, either
before or after the time stated therein, shall be deemed equivalent thereto.

(2) If the vote of stockholders at a meeting thereof is required or permitted
to be taken in connection with any corporate action by any section of this code, the
meeting and vote of stockholders may be dispensed with, if all of the stockholders
who would have been entitled to vote upon the action if such meeting were held
consent in writing to such corporate action being taken.

(3) In the event that the action that is consented to is such as would have
required the filing of a certificate under any of the other sections of this code if
such action had been voted upon by the stockholders at a meeting thereof, the
certificate filed under such other section shall state that written consent has been
given under this section, in lieu of stating that the stockholders have voted upon the
corporate action in question, if such last mentioned statement is required thereby.

Legislative History

Source: L. 2003: Entire article added with relocations, p. 1089, � 3, effective July 1.