Voting entitlement generally.

  1. Law
  2. Colorado Revised Statutes
  3. Corporations And Associations
  4. Members' Meetings and Voting
  5. Voting entitlement generally.

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(1) Unless otherwise provided by the bylaws:

  1. Only voting members shall be entitled to vote with respect to any matter required orpermitted under articles 121 to 137 of this title to be submitted to a vote of the members;

  2. All references in articles 121 to 137 of this title to votes of or voting by the membersshall be deemed to permit voting only by the voting members; and

  3. Voting members shall be entitled to vote with respect to all matters required or permitted under articles 121 to 137 of this title to be submitted to a vote of the members.

  1. Unless otherwise provided by the bylaws, each member entitled to vote shall be entitled to one vote on each matter submitted to a vote of members.

  2. Unless otherwise provided by the bylaws, if a membership stands of record in thenames of two or more persons, their acts with respect to voting shall have the following effect:

  1. If only one votes, such act binds all; and

  2. If more than one votes, the vote shall be divided on a pro rata basis.

Source: L. 97: Entire article added, p. 683, § 3, effective July 1, 1998.


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