2016 Colorado Revised Statutes
Title 7 - Corporations and Associations
Associations
Article 58 - Uniform Limited Cooperative Association Act
Part 5 - Members
§ 7-58-515. Manner of voting

CO Rev Stat ยง 7-58-515 (2016) What's This?

(1) Unless the articles or bylaws otherwise provide, voting by a proxy at a members meeting is prohibited. This subsection (1) does not prohibit delegate voting based on district or class.

(2) If voting by a proxy is permitted, a patron member may appoint only another patron member as a proxy and, if investor members are permitted, an investor member may appoint only another investor member as a proxy.

(3) The articles or bylaws may provide for the manner of and provisions governing the appointment of a proxy.

(4) The articles or bylaws may provide for voting on any question by ballot delivered by mail or voting by other means on questions that are subject to vote by members.

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