Updated April 25, 2023
Colorado corporate bylaws are the rules and operational structure that a corporation adopts via a document that is executed by the directors, incorporators, or shareholders. The document includes the appointments of the directors, officers, and committees that will manage the corporation’s business affairs, as well as the issuance of shares and schedule of meetings. Provisions regarding the approval of contracts and loans are also commonly included. Bylaws are usually adopted at the inception of the corporation after the articles of incorporation have been filed, however, it is not a legal requirement.
Laws
- Annual Meetings – § 7-58-506
- Corporate Bylaws – § 7-102-106
- Issuance of Stock – § 7-106-202
Emergency Bylaws
Emergency bylaws can be adopted to account for the management of corporate affairs in the event that a quorum of the board of directors cannot be assembled due to an emergency situation. (§ 7-102-107)