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Colorado · Through Colorado Revised Statutes 2026

C.R.S. § 7-80-401: Management of limited liability company.

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Where this section sits in the code
  1. Title 7 - CORPORATIONS AND ASSOCIATIONS
  2. Article 80 - Limited Liability Companies
  3. Part 4 - MANAGEMENT

(1) Except as provided in subsection (2) of this section, decisions with respect to a limited liability company shall be made by a majority of the members or, if the limited liability company has one or more managers, by a majority of the managers.

(2) The consent of each member is necessary to:

(a) Amend the articles of organization;

(b) Amend the operating agreement; and

(c) Authorize an act of the limited liability company that is not in the ordinary course of the business of the limited liability company.

(3) A person or persons who will be admitted as a member or members pursuant to section 7-80-701 (2) may, by unanimous consent, amend the operating agreement to be effective immediately before the admission of the person or persons.

Collected 2026-09-14T18:37:45Z. Source file · JSON

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