2020 Colorado Revised Statutes
Title 7 - Corporations And Associations
Article 107. Shareholders
Section 7-107-105. Notice of meeting.
(1) A corporation shall give notice to shareholders of the date, time, and place of each annual and special shareholders' meeting no fewer than ten nor more than sixty days before the date of the meeting; except that, if the number of authorized shares is to be increased, at least thirty days' notice shall be given. Unless articles 101 to 117 of this title or the articles of incorporation require otherwise, the corporation is required to give notice only to shareholders entitled to vote at the meeting.
Unless articles 101 to 117 of this title or the articles of incorporation require otherwise, notice of an annual meeting need not include a description of the purpose or purposes for which the meeting is called.
Notice of a special meeting shall include a description of the purpose or purposes forwhich the meeting is called.
If not otherwise fixed under section 7-107-103 or 7-107-107, the record date fordetermining shareholders entitled to be given notice of and to vote at an annual or special shareholders' meeting is the day before the first notice is given to shareholders.
Subject to the next sentence of this subsection (5) and unless otherwise required bythe bylaws, if an annual or special shareholders' meeting is adjourned to a different date, time, or place, notice need not be given of the new date, time, or place if the new date, time, or place is announced at the meeting before adjournment. If a new record date for the adjourned meeting is or must be fixed under section 7-107-107, notice of the adjourned meeting shall be given under this section to persons who are shareholders as of the new record date.
Source: L. 93: Entire article added, p. 767, § 1, effective July 1, 1994.
