Colorado § 7-128-101 - Requirement for board of directors.
Full text of Colorado Colorado Revised Statutes § 7-128-101 — Requirement for board of directors., with citation guidance and answers to common questions.
§ 7-128-101. Requirement for board of directors.
(1) Unless otherwise provided in the articles of incorporation, each nonprofit corporation shall have a board of directors. The board of directors and the directors may be known by any other names designated in the bylaws.
(2) Subject to any provision stated in the articles of incorporation, all corporate powers shall be exercised by or under the authority of, and the business and affairs of the nonprofit corporation managed under the direction of, the board of directors or such other persons as the articles of incorporation provide shall have the authority and perform the duties of a board of directors. To the extent the articles of incorporation provide that other persons shall have the authority and perform the duties of the board of directors, the directors shall be relieved to that extent from such authority and duties.
Source: L. 97: Entire article added, p. 688, § 3, effective July 1, 1998. L. 2003: (2) amended, p. 2340, § 298, effective July 1, 2004.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 7-128-101
What does Colorado Revised Statutes § 7-128-101 cover?
Section 7-128-101 ("Requirement for board of directors.") 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 § 7-128-101?
A common citation format is "Colorado Revised Statutes § 7-128-101" (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 § 7-128-101 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.