Title 7, Corporations and Associations
0 chapters · 1,168 sections in this title.
Colo. Rev. Stat. § 7-127-101 Annual and regular meetings
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(1) Unless the bylaws eliminate the requirement for holding an annual meeting, a nonprofit corporation that has voting members shall hold a meeting of the voting members annually at a time stated in or fixed in accordance with the bylaws, or, if not so fixed, at a time and date s…
Colo. Rev. Stat. § 7-127-102 Special meeting
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(1) A nonprofit corporation shall hold a special meeting of its members: (a) On call of its board of directors or the person or persons authorized by the bylaws or resolution of the board of directors to call such a meeting; or (b) Unless otherwise provided by the bylaws, if the …
Colo. Rev. Stat. § 7-127-103 Court-ordered meeting
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(1) The holding of a meeting of the members may be summarily ordered by the district court for the county in this state in which the street address of the nonprofit corporation's principal office is located or, if the nonprofit corporation has no principal office in this state, b…
Colo. Rev. Stat. § 7-127-104 Notice of meeting
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(1) A nonprofit corporation shall give to each member entitled to vote at the meeting notice consistent with its bylaws of meetings of members in a fair and reasonable manner. (2) Any notice that conforms to the requirements of subsection (3) of this section is fair and reasonabl…
Colo. Rev. Stat. § 7-127-105 Waiver of notice
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(1) A member may waive any notice required by articles 121 to 137 of this title or by the bylaws, whether before or after the date or time stated in the notice as the date or time when any action will occur or has occurred. The waiver shall be in writing, be signed by the member …
Colo. Rev. Stat. § 7-127-106 Record date - determining members entitled to notice and vote
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(1) The bylaws may fix or provide the manner of fixing a date as the record date for determining the members entitled to notice of a members' meeting. If the bylaws do not fix or provide for fixing such a record date, the board of directors may fix a future date as such a record …
Colo. Rev. Stat. § 7-127-107 Action without meeting
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(1) Unless otherwise provided by the bylaws, any action required or permitted by articles 121 to 137 of this title to be taken at a members' meeting may be taken without a meeting if members entitled to vote thereon unanimously agree and consent to such action in writing. (2) No …
Colo. Rev. Stat. § 7-127-108 Meetings by telecommunication
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Unless otherwise provided in the bylaws, any or all of the members may participate in an annual, regular, or special meeting of the members by, or the meeting may be conducted through the use of, any means of communication by which all persons participating in the meeting may hea…
Colo. Rev. Stat. § 7-127-109 Action by written ballot
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(1) Unless otherwise provided by the bylaws, any action that may be taken at any annual, regular, or special meeting of members may be taken without a meeting if the nonprofit corporation delivers a written ballot to every member entitled to vote on the matter. (2) A written ball…
Colo. Rev. Stat. § 7-127-201 Members list for meeting and action by written ballot
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(1) Unless otherwise provided by the bylaws, after fixing a record date for a notice of a meeting or for determining the members entitled to take action by written ballot, a nonprofit corporation shall prepare an alphabetical list of the names of all its members who are entitled …
Colo. Rev. Stat. § 7-127-202 Voting entitlement generally
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(1) Unless otherwise provided by the bylaws: (a) Only voting members shall be entitled to vote with respect to any matter required or permitted under articles 121 to 137 of this title to be submitted to a vote of the members; (b) All references in articles 121 to 137 of this titl…
Colo. Rev. Stat. § 7-127-203 Proxies
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(1) Unless otherwise provided by the bylaws, a member entitled to vote may vote or otherwise act in person or by proxy. (2) Without limiting the manner in which a member may appoint a proxy to vote or otherwise act for the member, the following shall constitute valid means of suc…
Colo. Rev. Stat. § 7-127-204 Nonprofit corporation's acceptance of votes
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(1) If the name signed on a vote, consent, written ballot, waiver, proxy appointment, or proxy appointment revocation corresponds to the name of a member, the nonprofit corporation, if acting in good faith, is entitled to accept the vote, consent, written ballot, waiver, proxy ap…
Colo. Rev. Stat. § 7-127-205 Quorum and voting requirements for voting groups
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(1) Members entitled to vote as a separate voting group may take action on a matter at a meeting only if a quorum of those members exists with respect to that matter. Unless otherwise provided in articles 121 to 137 of this title or the bylaws, twenty-five percent of the votes en…
Colo. Rev. Stat. § 7-127-206 Action by single and multiple voting groups
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(1) If articles 121 to 137 of this title or the bylaws 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 7-127-205. (2) If articles 121 to 137 of this title or the bylaws provide for…
Colo. Rev. Stat. § 7-127-207 Lesser or greater quorum or greater voting requirements
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(1) The bylaws may provide for a lesser or a greater quorum requirement, or a greater voting requirement for members or voting groups than is provided for by articles 121 to 137 of this title. (2) An amendment to the articles of incorporation or the bylaws that adds, changes, or …
Colo. Rev. Stat. § 7-127-208 Voting for directors - cumulative voting
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(1) If the bylaws provide for cumulative voting for directors by the voting members, voting members may so vote, by multiplying the number of votes the voting members are entitled to cast by the number of directors for whom they are entitled to vote and cast the product for a sin…
Colo. Rev. Stat. § 7-127-209 Other methods of electing directors
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(1) A nonprofit corporation may provide in its bylaws for election of directors by voting members or delegates: (a) On the basis of chapter or other organizational unit; (b) By region or other geographic unit; (c) By preferential voting; or (d) By any other reasonable method. Sou…
Colo. Rev. Stat. § 7-127-301 Voting agreements
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(1) Two or more members may provide for the manner in which they will vote by signing an agreement for that purpose. (2) A voting agreement created under this section is specifically enforceable. Source: L. 97: Entire article added, p. 688, � 3, effective July 1, 1998.