At the discretion of the board of a cooperative, any officer, employee, or agent handling funds or negotiable instruments or property of or for the cooperative may be bonded for the faithful performance of the person's duties and obligations.
Source: L. 96: Entire article R&RE, p. 505, § 1, effective July 1.
Editor's note: This section is similar to former § 7-56-115 as it existed prior to 1996.
Structure Colorado Code
Title 7 - Corporations and Associations
Part 4 - Officers and Elections
§ 7-56-401. Directors - Elections - Remuneration - Vacancy
§ 7-56-402. Officers - Titles - Election - Duties and Authority - Removal
§ 7-56-403. Procedures for Meetings of the Board of Directors
§ 7-56-404. Removal of Director by the Membership or the Board
§ 7-56-405. Removal of Director by Judicial Proceeding
§ 7-56-406. Indemnification and Personal Liability of Directors, Officers, Employees, and Agents