2016 Colorado Revised Statutes
Title 7 - Corporations and Associations
Corporations - Continued
Article 108 - Directors and Officers
Part 1 - Board of Directors
§ 7-108-103. Number and election of directors
(1) A board of directors shall consist of one or more members, with the number stated in or fixed in accordance with the bylaws.
(2) The bylaws may establish a range for the size of the board of directors by fixing a minimum and maximum number of directors. If a range is established, the number of directors may be fixed or changed from time to time within the range by the shareholders or the board of directors.
(3) Directors are elected at each annual meeting of the shareholders except as provided in section 7-108-106.
Disclaimer: These codes may not be the most recent version. Colorado may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
