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C.R.S. § 7-80-402

Designation of managers

Known as the Colorado Limited Liability Company Act

The act spans §§ 7-80-101–7-80-902 (57 sections).

The members of a limited liability company, the articles of organization of which provide that management of the limited liability company is vested in one or more managers, may designate one or more persons to be managers. A manager who is an individual shall be eighteen years of age or older. Managers may be designated and removed by the consent of a majority of the members.

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.