Patron and investor members' interests

Colo. Rev. Stat. § 7-58-602, under Corporations and Associations.

Colo. Rev. Stat. § 7-58-602

(1) Unless the articles or bylaws establish investor members' interests, a member's interest is a patron member's interest.

(2) Unless the articles or bylaws otherwise provide, if a limited cooperative association has investor members, while a person is a member of the association, the person:

(a) If admitted as a patron member, remains a patron member;

(b) If admitted as an investor member, remains an investor member; and

(c) If admitted as a patron member and investor member, remains a patron and investor member if not dissociated in one of the capacities.

Source: L. 2011: Entire article added, (SB 11-191), ch. 197, p. 787, � 1, effective April 2, 2012.