C.R.S. Section 10-14-104
Representative form of government

  • defined

(1)

A society has a representative form of government when:

(a)

The supreme governing body is either:

(I)

An assembly composed of delegates elected directly by the members or at intermediate assemblies or conventions of members or their representatives, together with other delegates as may be prescribed in the society’s governing documents. A society may provide for the election of delegates by mail. The elected delegates shall constitute at least a majority of the delegates and not less than two-thirds of the votes of the assembly and not less than the number of votes required to amend the society’s governing documents. The assembly shall be elected, shall meet at least once every four years, and shall elect a board of directors to conduct the business of the society between meetings of the assembly. Vacancies on the board of directors between elections may be filled in the manner prescribed by the society’s governing documents.

(II)

A board composed of persons elected by the members, either directly or by their representatives in intermediate assemblies, and any other persons prescribed in the society’s governing documents. A society may provide for election of the board by mail. Each term of a board member shall not exceed four years. Vacancies on the board between elections shall be filled in the manner prescribed by the society’s governing documents. Those persons elected to the board shall constitute at least a majority of the board and not less than the number of votes required to amend the society’s governing documents. A person filling the unexpired term of an elected board member shall be considered to be an elected member. The board shall meet at least semiannually to conduct the business of the society.

(b)

The officers of the society are elected either by the supreme governing body or by the board of directors, pursuant to the governing documents of the society;

(c)

Only benefit members are eligible for election to the supreme governing body, the board of directors, or any intermediate assembly; and

(d)

Each voting member has one vote. No vote may be cast by proxy.

Source: Section 10-14-104 — Representative form of government - defined, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-10.­pdf (accessed Oct. 20, 2023).

10‑14‑101
Definitions
10‑14‑102
Fraternal benefit societies - what constitutes
10‑14‑103
Lodge system - defined
10‑14‑104
Representative form of government - defined
10‑14‑105
Purposes and powers
10‑14‑201
Qualifications for membership
10‑14‑202
Principal office - meetings - communications to members - grievance procedures
10‑14‑203
No personal liability
10‑14‑204
Waiver
10‑14‑301
Organization
10‑14‑302
Amendments to governing documents
10‑14‑303
Institutions
10‑14‑304
Reinsurance
10‑14‑305
Consolidations and mergers
10‑14‑306
Conversion of fraternal benefit society into a mutual or stock life insurance company
10‑14‑401
Benefits
10‑14‑402
Beneficiaries
10‑14‑403
Benefits not attachable
10‑14‑404
Benefit contract
10‑14‑405
Nonforfeiture benefits, cash surrender values, certificate loans, and other options
10‑14‑501
Investments
10‑14‑502
Funds
10‑14‑503
Exemptions
10‑14‑504
Taxation
10‑14‑505
Rules and regulations of commissioner
10‑14‑601
Valuation
10‑14‑602
Reports
10‑14‑603
Annual certificate of authority
10‑14‑604
Cash capital
10‑14‑605
Examination of societies
10‑14‑606
Publications
10‑14‑607
Grounds for injunction, liquidation, and receivership of domestic society
10‑14‑608
Foreign or alien society - admission
10‑14‑609
Suspension - revocation - denial of license of foreign or alien society
10‑14‑610
Injunction
10‑14‑611
Licensing of agents
10‑14‑612
Unfair methods of competition and unfair and deceptive acts and practices
10‑14‑701
Service of process
10‑14‑702
Fees
10‑14‑703
Review
10‑14‑704
Penalties
10‑14‑705
Exemption of certain societies
Green check means up to date. Up to date

Current through Fall 2024

§ 10-14-104’s source at colorado​.gov