The Colorado Statement of Election (Cooperative Associations) is a document used by cooperative associations in the state of Colorado to officially register and begin operating as a cooperative. This document must be completed and submitted to the Secretary of State before the co-op can legally operate. It includes information such as the co-op's name, purpose, address, and registered agent. It also includes information about the co-op's members and their voting rights, as well as provisions for the management and dissolution of the co-op. There are two types of Colorado Statement of Election (Cooperative Associations): 1. Nonprofit cooperative associations — These are organizations that are not organized for profit and are dedicated to providing services or products to their members. These co-ops are often created to provide a service or product to a community or certain group of people, such as farmers or teachers. 2. For-profit cooperative associations — These are organizations that are formed to generate profits through the sale of goods and services to their members. These co-ops can include retail stores, housing cooperatives, and other businesses.