Colorado § 7-56-402 - Officers - titles - election - duties and authority - removal.
Full text of Colorado Colorado Revised Statutes § 7-56-402 — Officers - titles - election - duties and authority - removal., with citation guidance and answers to common questions.
§ 7-56-402. Officers - titles - election - duties and authority - removal.
(1) (a) The bylaws shall provide for one or more officers and the titles of those officers. The offices may include a board chair, one or more vice-chairs, a president, one or more vice-presidents, a secretary, a treasurer, and assistant officers or other officers. The officers shall be elected by the board or in any other manner prescribed in the bylaws. At least one officer shall be an individual at least eighteen years of age. At least one officer shall be a member of the board. One individual may simultaneously hold more than one office, but may not concurrently hold the offices of president and secretary.
(b) The bylaws or board of each cooperative shall designate one or more officers responsible for preparing and maintaining the minutes of board and membership meetings and all records required to be kept by section 7-56-107 and for authenticating records.
(2) All officers and agents of the cooperative, as between themselves and the cooperative, shall have such authority and perform such duties in the management of the cooperative as may be provided in the bylaws, or as may be determined by resolution of the board of directors not inconsistent with federal, state, and local law, the articles, and the bylaws.
(3) Unless otherwise provided in the articles or bylaws, the board may remove any officer at any time with or without cause.
Source: L. 96: Entire article R&RE, p. 502, § 1, effective July 1. L. 2004: (1)(a) amended, p. 1413, § 47, effective July 1.
Editor's note: This section is similar to former § 7-56-114 as it existed prior to 1996.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 7-56-402
What does Colorado Revised Statutes § 7-56-402 cover?
Section 7-56-402 ("Officers - titles - election - duties and authority - removal.") 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 § 7-56-402?
A common citation format is "Colorado Revised Statutes § 7-56-402" (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 § 7-56-402 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.