If a limited cooperative association has both patron and investor members, the following rules apply:
COL 2025-04-22
(a) the total voting power of all patron members may not be less than eighty percent (80%) of a majority of the entire voting power entitled to vote. (b) action on any matter is approved only upon the affirmative vote of at least a majority of: (1) all members voting at the meeting unless more than a majority is required by Articles 4, 12, 14, or 16, or pursuant to the organic rules; and (2) votes cast by patron members unless the articles of organization or bylaws require a larger affirmative vote by patron members. (c) The organic rules may provide for the percentage of the affirmative votes that must be cast by investor members to approve the matter.