Colorado § 7-42-118 Liability of stockholders, directors, and officers

Colorado Statutes

§ 7-42-118 — Liability of stockholders, directors, and officers

Colorado § 7-42-118

Title 07Corporations

Art.Ditch and Reservoir Companies

This text of Colorado § 7-42-118 (Liability of stockholders, directors, and officers) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 7-42-118 (2026).

Text

Stockholders,
directors, and officers of corporations formed under the provisions of this article
shall enjoy the same measure of immunity from liability for corporate acts or
omissions as stockholders, directors, and officers of corporations formed under the
Colorado Business Corporation Act, articles 101 to 117 of this title, or as members,
directors, and officers of nonprofit corporations formed under the Colorado
Revised Nonprofit Corporation Act, articles 121 to 137 of this title.

Free access — add to your briefcase to read the full text and ask questions with AI

Stockholders,
directors, and officers of corporations formed under the provisions of this article
shall enjoy the same measure of immunity from liability for corporate acts or
omissions as stockholders, directors, and officers of corporations formed under the
Colorado Business Corporation Act, articles 101 to 117 of this title, or as members,
directors, and officers of nonprofit corporations formed under the Colorado
Revised Nonprofit Corporation Act, articles 121 to 137 of this title.

Legislative History

Source: L. 86: Entire section added, p. 1092, � 2, effective May 16. L. 93: Entire section amended, p. 855, � 8, effective July 1, 1994. L. 97: Entire section amended, p. 756, � 9, effective July 1, 1998.