Colorado § 11-30-107 Fiscal year - meetings

Colorado Statutes

§ 11-30-107 — Fiscal year - meetings

Colorado·Title 11 Financial·Art. Credit Unions - General Provisions

(1)A board of directors of a credit union may determine the date upon which the credit union's fiscal year ends, so long as the date coincides with the end of a standard fiscal quarter.

(2)A board of directors of a credit union may determine the date of the credit union's annual membership meeting. Special meetings may be held in the manner indicated in the bylaws. At all meetings, a member has only one vote, regardless of the member's share holdings. There shall not be voting by proxy, but a member other than a natural person may cast a single vote through a delegated agent.

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(1) A board of directors of a credit union
may determine the date upon which the credit union's fiscal year ends, so long as
the date coincides with the end of a standard fiscal quarter.

(2) A board of directors of a credit union may determine the date of the
credit union's annual membership meeting. Special meetings may be held in the
manner indicated in the bylaws. At all meetings, a member has only one vote,
regardless of the member's share holdings. There shall not be voting by proxy, but
a member other than a natural person may cast a single vote through a delegated
agent.

Colorado § 11-30-107 (Fiscal year - meetings) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 31: p. 299, � 7. CSA: C. 47, � 7. L. 41: p. 374, � 7. CRS 53: � 38-1-7. C.R.S. 1963: � 38-1-7. L. 67: p. 318, � 6. L. 79: Entire section amended, p. 416, � 1, effective July 1. L. 2024: Entire section amended, (HB 24-1381), ch. 350, p. 2364, � 7, effective August 7.