If an election of directors, trustees, or other similar officers is not held on the day designated by the constitution or bylaws, the company shall not be dissolved for that reason, but it shall be proper to elect such directors, trustees, or other officers on any subsequent day as shall be prescribed by the constitution or bylaws.
Source: L. 1879: p. 36, § 8. G.S. § 391. R.S. 08: § 1041. C.L. § 2407. CSA: C. 41, § 204. CRS 53: § 31-22-8. C.R.S. 1963: § 31-21-8.
Structure Colorado Code
Title 7 - Corporations and Associations
Article 51 - Joint Stock Religious or Benevolent Associations
§ 7-51-102. Affidavit of Chairperson - Where Filed - Effect
§ 7-51-104. Property Vests in Corporation
§ 7-51-105. Powers of Corporation
§ 7-51-107. Board of Directors
§ 7-51-108. Election of Directors
§ 7-51-109. Liability of Stockholders
§ 7-51-110. Certificate of Full Paid Stock
§ 7-51-111. Purchase of Property