Colorado § 7-58-804 - Election of directors and composition of board.
Full text of Colorado Colorado Revised Statutes § 7-58-804 — Election of directors and composition of board., with citation guidance and answers to common questions.
§ 7-58-804. Election of directors and composition of board.
(1) Unless the articles or bylaws require a greater number:
(a) The number of directors that must be patron members may not be fewer than:
(I) One, if there are two or three directors;
(II) Two, if there are four or five directors;
(III) Three, if there are six to eight directors; or
(IV) One-third of the directors if there are at least nine directors; and
(b) A majority of the board of directors must be elected exclusively by patron members.
(2) Unless the articles or bylaws otherwise provide, if a limited cooperative association has investor members, directors who are investor members and who are not elected exclusively by patron members must be elected by the investor members.
(3) Unless the articles or bylaws otherwise provide, all nonmember directors, if any, must be elected by the patron members and the investor members.
(4) Subject to subsection (1) of this section, the articles or bylaws may provide for the election of all or a specified number of directors by one or more districts or classes of members.
(5) Subject to subsection (1) of this section, the articles or bylaws may provide for the nomination or election of directors by districts or classes, directly or by district delegates.
(6) If a class of members consists of a single member, the articles or bylaws may provide for the member to appoint a director or directors.
(7) Unless the articles or bylaws otherwise provide, cumulative voting for directors is prohibited.
(8) Except as otherwise provided by the articles, bylaws, subsection (6) of this section, or section 7-58-303, 7-58-516, 7-58-517, or 7-58-809, member directors must be elected at an annual members meeting.
Source: L. 2011: Entire article added, (SB 11-191), ch. 197, p. 791, § 1, effective April 2, 2012.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 7-58-804
What does Colorado Revised Statutes § 7-58-804 cover?
Section 7-58-804 ("Election of directors and composition of board.") 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 § 7-58-804?
A common citation format is "Colorado Revised Statutes § 7-58-804" (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 § 7-58-804 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.