Colorado Statutes
§ 7-61-107 — Liability for false statement in certificate
(1)If the certificate
contains a false statement, one who suffers loss by reliance on such statement may
hold liable any party to the certificate who knew the statement to be false:
(a)At the time such party signed the certificate; or
(b)Subsequently but within a sufficient time before the statement was relied
upon to enable such party to cancel or amend the certificate or to file a petition for
its cancellation or amendment as provided in section 7-61-126 (3).
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Legislative History
Source: L. 31: p. 629, � 6. CSA: C. 123, � 49. CRS 53: � 104-2-6. C.R.S. 1963: �
104-2-6. L. 2004: Entire section amended, p. 1436, � 111, effective July 1.
Nearby Sections
15
§ 7-101-101
Short title§ 7-101-102
Reservation of power to amend or repeal§ 7-101-201
Filing requirements§ 7-101-401
General definitions§ 7-101-501
Short title§ 7-101-504
Nonprofit corporations§ 7-101-506
Duties of directors§ 7-101-507
Benefit report - definition§ 7-101-509
No effect on other corporations§ 7-102-101
Incorporators§ 7-102-102
Articles of incorporation§ 7-102-103
Incorporation