Bylaws - changing quorum or voting requirement for directors - requiring a meeting place

7-110-203. Bylaws - changing quorum or voting requirement for directors - requiring a meeting place. (1) A bylaw that fixes a greater quorum or voting requirement for the board of directors or that requires a meeting of shareholders to be held at a place may be amended or repealed: (a) If adopted by the shareholders, only by the shareholders unless the bylaws otherwise provide; or (b) If adopted by the board of directors, either by the shareholders or by the board of directors. (2) A bylaw adopted or amended by the shareholders that fixes a greater quorum or voting requirement for the board of directors may provide that it may be amended only by a stated vote of either the shareholders or the board of directors. (3) Action by the board of directors under paragraph (b) of subsection (1) of this section to adopt or amend a bylaw that changes the quorum or voting requirement for the board of directors shall meet the same quorum requirement and be adopted by the same vote required to take action under the quorum and voting requirement then in effect or proposed to be adopted, whichever is greater. Source: L. 93: Entire article added, p. 800, � 1, effective July 1, 1994. L. 2003: (2) amended, p. 2322, � 253, effective July 1, 2004. L. 2021: IP(1) and (1)(a) amended, (HB 21-1124), ch. 41, p. 170, � 23, effective April 19. ARTICLE 111 Merger, Share Exchange, and Redomestication Cross references: For definitions applicable to this article, see �� 7-90-102 and 7-101-401. Law reviews: For article, Mergers and Acquisitions in Colorado: A Practitioner's Roadmap, see 16 Colo. Law. 769 (1987); for article, Disclosure of Merger Negotiations: Formulating a Proper Response Under the Federal Securities Laws, see 17 Colo. Law. 835 (1988); for article, Corporate Successor Liability for Environmental and Toxic Tort Claims -- Parts I and II, see 19 Colo. Law. 867 and 1085 (1990).