Colorado Code
Article 41 - Organization and Powers
§ 11-41-134. Indemnification and Personal Liability of Directors, Officers, Employees, and Agents - Legislative Declaration







Source: L. 87: Entire section added, p. 371, § 16, effective May 20. L. 93: Entire section amended, p. 620, § 4, effective April 30; (1) amended, p. 862, § 30, effective July 1, 1994. L. 2019: (1) amended, (SB 19-086), ch. 166, p. 1965, § 68, effective July 1, 2020.
Editor's note: Amendments to this section by House Bill 93-1154 and House Bill 93-1261 were harmonized.

Structure Colorado Code

Colorado Code

Title 11 - Financial Institutions

Article 41 - Organization and Powers

§ 11-41-101. General Organization

§ 11-41-102. Restriction on Corporate Name

§ 11-41-103. Use of Name "Savings and Loan Association" Restricted

§ 11-41-104. Articles of Incorporation

§ 11-41-105. Minimum Stock Subscription - Issuance of Preferred Stock

§ 11-41-106. Approval of Articles of Incorporation

§ 11-41-107. Documents Deposited With Commissioner

§ 11-41-108. Refusal of Certificate - Appeal

§ 11-41-109. Certificate of Approval - Where Articles Filed

§ 11-41-110. Body Corporate

§ 11-41-111. Renewal of Corporate Life

§ 11-41-112. Powers of Savings and Loan Associations

§ 11-41-112.5. Savings and Loan Association as Fiduciary

§ 11-41-113. Federal Home Loan Bank Membership

§ 11-41-114. How Funds Invested

§ 11-41-115. Interest Rates on Loans

§ 11-41-116. Where Associations May Operate

§ 11-41-117. Insurance of Shares

§ 11-41-117.5. Insurance of Obligations

§ 11-41-118. Loans - Investment in Notes or Bonds

§ 11-41-119. Loans to Members and Other Loans

§ 11-41-121. Merger, Consolidation, and Transfer

§ 11-41-122. Membership Fees

§ 11-41-123. Directors and Meetings

§ 11-41-124. Officers or Directors to Receive No Commission

§ 11-41-125. Loans to Officers and Directors

§ 11-41-126. Bonds of Officers

§ 11-41-127. Violations - Penalties

§ 11-41-128. Acknowledgments

§ 11-41-129. Amendment of Articles of Incorporation

§ 11-41-130. Reorganization

§ 11-41-130.5. Cessation of Business as an Association - Amendment of Articles

§ 11-41-131. Dissolution

§ 11-41-132. Escheat Proceedings

§ 11-41-133. Acquisition of Majority Control Over an Existing Association - Definitions

§ 11-41-134. Indemnification and Personal Liability of Directors, Officers, Employees, and Agents - Legislative Declaration