(1) The board of directors may remove an officer at any time with or without cause. (2) An officer of a limited cooperative association may resign at any time by giving notice in a record to the association. Unless the notice specifies a later time, the resignation is effective when the notice is received by the association.
C.R.S. § 7-58-823
Resignation and removal of officers
Known as the Colorado Uniform Limited Cooperative Association Act
The act spans §§ 7–7 (129 sections).
Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.