Colorado Revised Statutes
Colo. Rev. Stat. § 7-122-106 (2026)
Bylaws
✓ current as of July 2026
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(1) The board of directors or, if no directors have been named or elected, the incorporators may adopt initial bylaws. If neither the incorporators nor the board of directors have adopted initial bylaws, the members may do so.
(2) The bylaws of a nonprofit corporation may contain any provision for managing and regulating the affairs of the nonprofit corporation that is not inconsistent with law or with the articles of incorporation.
Source: L. 97: Entire article added, p. 662, § 3, effective July 1, 1998.
Notes of Decisions
Cited in 1
case, 2004–2004 · leading case: Krystkowiak v. W.O. Brisben Companies, Inc., 90 P.3d 859 (Colo. 2004).
Krystkowiak v. W.O. Brisben Companies, Inc., 90 P.3d 859 (Colo. 2004). “See § 7-122-106, 2 C.R.S. (2003). The NCA represents a clear declaration by the legislature that members of a nonprofit corporation generally are not liable for contracts or torts for which the corporation is liable.”
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