Colo. Rev. Stat. § 7-80-105

Current through Chapter 519 of the 2024 Legislative Session and Chapter 2 of the 2024 First Extraordinary Session
Section 7-80-105 - Unauthorized assumption of powers

All persons who assume to act as a limited liability company without authority to do so and without good-faith belief that they have such authority shall be jointly and severally liable for all debts and liabilities incurred by such persons so acting.

C.R.S. § 7-80-105

L. 90: Entire article added, p. 416, § 1, effective April 18.