C.R.S. Section 7-122-104
Unauthorized assumption of corporate powers

All persons purporting to act as or on behalf of a nonprofit 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.

Source: Section 7-122-104 — Unauthorized assumption of corporate powers, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-07.­pdf (accessed May 26, 2025).

Current through Fall 2025

§ 7-122-104. Unauthorized assumption of corporate powers's source at colorado​.gov