Unauthorized assumption of corporate powers

C.R.S. § 7-102-104
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://leg.colorado.gov/sites/default/files/images/olls/crs2024-title-07.docx#7-102-104Fetched: 10/6/2026

Starting a business in Colorado? Colorado LLC guide: costs and requirements