Stockholders, directors, and officers of corporations formed under the provisions of this article shall enjoy the same measure of immunity from liability for corporate acts or omissions as stockholders, directors, and officers of corporations formed under the "Colorado Business Corporation Act", articles 101 to 117 of this title, or as members, directors, and officers of nonprofit corporations formed under the "Colorado Revised Nonprofit Corporation Act", articles 121 to 137 of this title.
Source: L. 86: Entire section added, p. 1092, § 2, effective May 16. L. 93: Entire section amended, p. 855, § 8, effective July 1, 1994. L. 97: Entire section amended, p. 756, § 9, effective July 1, 1998.
Structure Colorado Code
Title 7 - Corporations and Associations
Article 42 - Ditch and Reservoir Companies
§ 7-42-101. Additional Statements in Certificates - Mutual Ditch Corporation Shares
§ 7-42-101.5. Acequia Ditch Corporation - Definition - Powers
§ 7-42-102. Work After Organization
§ 7-42-104. Assessment on Stock
§ 7-42-105. Right to Purchase Own Stock
§ 7-42-106. Assessments to Pay Purchase Price
§ 7-42-107. Shall Furnish Water to Whom - Rate
§ 7-42-108. Shall Keep Ditch in Repair
§ 7-42-109. Penalty for Damage
§ 7-42-109. Penalty for Damage
§ 7-42-112. Procedure to Extend Term
§ 7-42-113. Duplicate Certificate Issued - When
§ 7-42-115. Publication of Notice of Demand
§ 7-42-116. Duplicate Conclusive Against Original
§ 7-42-117. Proof of Right to Certificate
§ 7-42-118. Liability of Stockholders, Directors, and Officers