C.R.S. § 7-122-104

7-122-104. Unauthorized assumption of corporate powers

Year: 2026Length: 49 wordsOfficial source
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.
C.R.S. § 7-122-104: 7-122-104. Unauthorized assumption of corporate powers | Justis AI