A quorum for the election of directors, amending of the articles of incorporation, and conducting normal business at all meetings of the stockholders or members shall be five percent of the stockholders or members or fifty members or stockholders present in person, whichever is less. Nothing shall prevent the articles of incorporation or the bylaws of such association from requiring a larger percent as a quorum.
Source: L. 73: R&RE, p. 433, § 1. C.R.S. 1963: § 30-1-19.
Structure Colorado Code
Title 7 - Corporations and Associations
Article 55 - Cooperatives - General
§ 7-55-101. Cooperative Association Defined
§ 7-55-102. Articles of Incorporation - Filing
§ 7-55-104. Board of Directors
§ 7-55-105. Election of Officers
§ 7-55-106. Power of Directors
§ 7-55-107.5. Indemnification and Personal Liability of Directors, Officers, Employees, and Agents
§ 7-55-108. Application of Powers
§ 7-55-109. Amendment of Articles
§ 7-55-110. Vote of Stockholders or Members
§ 7-55-112. Merger, Conversion, or Consolidation
§ 7-55-113. Adoption of Provisions of This Article
§ 7-55-114. Dissolution of Association
§ 7-55-115. Exemption From Securities Laws
§ 7-55-116. Application of Corporation Laws
§ 7-55-117. Associations Not in Restraint of Trade
§ 7-55-118. Associations of Other Jurisdictions