Qualifications of directors.

  1. Law
  2. Colorado Revised Statutes
  3. Corporations And Associations
  4. Directors and Officers
  5. Qualifications of directors.

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A director shall be an individual who is eighteen years of age or older. The bylaws may prescribe other qualifications for directors. A director need not be a resident of this state or a shareholder unless the bylaws so prescribe.

Source: L. 93: Entire article added, p. 778, § 1, effective July 1, 1994. L. 2004: Entire section amended, p. 1497, § 251, effective July 1.


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