Colo. Rev. Stat. » Title 38
Colorado Revised Statutes

Colo. Rev. Stat. § 38-33.3-310.5 (2024)

Executive board - conflicts of interest - definitions

✓ C.R.S. 2024: the 2025 and 2026 sessions are not included
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(1) Section 7-128- 501, C.R.S., shall apply to members of the executive board; except that, as used in that section:

(a) "Corporation" or "nonprofit corporation" means the association.

(b) "Director" means a member of the association's executive board.

(c) "Officer" means any person designated as an officer of the association and any person to whom the board delegates responsibilities under this article, including, without limitation, a managing agent, attorney, or accountant employed by the board.

Source: L. 2005: Entire section added, p. 1386, § 16, effective January 1, 2006. L. 2006: Entire section R&RE, p. 1223, § 12, effective May 26.

Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2024–2024 · leading case: Majersky v. LCM Prop Mgmt, No. 24CA0046 (Colo. Ct. App. Oct. 10, 2024).
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Majersky v. LCM Prop Mgmt, No. 24CA0046 (Colo. Ct. App. Oct. 10, 2024). · cites it 2× “Additionally, HOAs may “without specific authorization in the declaration . . . [e]xercise any other powers necessary and proper for the governance and operation of the association.”
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