Colo. Rev. Stat. § 7-102-104

Current through Chapter 123 of the 2024 Legislative Session

Section 7-102-104 - Unauthorized assumption of corporate powers

All persons purporting to act as or on behalf of a corporation without authority to do so and without good faith belief that they have such authority shall be jointly and severally liable for all liabilities incurred or arising as a result thereof.

C.R.S. § 7-102-104

L. 93: Entire article added, p. 744, § 1, effective July 1, 1994.