§ 17-18-120 — Annual meeting purposes

In addition to the limitations on the matters that may be
considered at annual meetings otherwise allowed by statute a
qualified corporation may in its bylaws authorize the board to
further limit the matters which an annual meeting may consider.
The limitations shall not include elimination of the election of
directors whose terms expire at the annual meeting. The
limitations may take the form of excluding specified matters
from consideration, allowing consideration of only certain
specified matters, or requiring advance notice of the
consideration of certain matters.