Colorado § 7-55-119 - Quorum.
Full text of Colorado Colorado Revised Statutes § 7-55-119 — Quorum., with citation guidance and answers to common questions.
§ 7-55-119. Quorum.
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.
Frequently Asked Questions About Colorado § 7-55-119
What does Colorado Revised Statutes § 7-55-119 cover?
Section 7-55-119 ("Quorum.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 7-55-119?
A common citation format is "Colorado Revised Statutes § 7-55-119" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 7-55-119 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.