A director or a member of a committee appointed under section 7-58-817 may obtain, inspect, and copy all information regarding the state of activities and financial condition of the limited cooperative association and other information regarding the activities of the association if the information is reasonably related to the performance of the director's duties as director or the committee member's duties as a member of the committee. Information obtained in accordance with this section may not be used by a director or a committee member in any manner that would violate any duty of or to the association.
Source: L. 2011: Entire article added, (SB 11-191), ch. 197, p. 796, § 1, effective April 2, 2012.
Structure Colorado Code
Title 7 - Corporations and Associations
Article 58 - Uniform Limited Cooperative Association Act
Part 8 - Directors and Officers
§ 7-58-801. Board of Directors
§ 7-58-802. No Liability as Director for Limited Cooperative Association's Obligations
§ 7-58-803. Qualifications of Directors
§ 7-58-804. Election of Directors and Composition of Board
§ 7-58-806. Resignation of Director
§ 7-58-807. Removal of Director
§ 7-58-808. Suspension of Director by Board
§ 7-58-810. Remuneration of Directors
§ 7-58-812. Action Without Meeting
§ 7-58-814. Waiver of Notice of Meeting
§ 7-58-818. Standards of Conduct and Liability
§ 7-58-819. Conflict of Interest
§ 7-58-820. Other Considerations of Directors
§ 7-58-821. Right of Director or Committee Member to Information