Colo. Rev. Stat. § 7-48-110

Current through Chapter 492 of the 2024 Legislative Session
Section 7-48-110 - Directors

The business and affairs of a corporation shall be conducted by a board of directors. The number of directors shall be a multiple of three. Two-thirds of the directors shall be elected by the members and one-third shall be elected by the stockholders. Any vacancy in the office of a director elected by the members shall be filled by the directors elected by the members, and any vacancy in the office of a director elected by the stockholders shall be filled by the directors elected by the stockholders.

C.R.S. § 7-48-110

L. 65: p. 451, § 1. C.R.S. 1963: § 31-23-10.