Action by single and multiple voting groups

Colo. Rev. Stat. § 7-107-207, under Corporations and Associations.

Colo. Rev. Stat. § 7-107-207

(1) If articles 101 to 117 of this title or the articles of incorporation provide for voting by a single voting group on a matter, action on that matter is taken when voted upon by that voting group as provided in section 7-107-206.

(2) If articles 101 to 117 of this title or the articles of incorporation provide for voting by two or more voting groups on a matter, action on that matter is taken only when voted upon by each of those voting groups counted separately as provided in section 7-107-206. One voting group may vote on a matter even though no action is taken by another voting group entitled to vote on the matter.

Source: L. 93: Entire article added, p. 774, � 1, effective July 1, 1994.