(1.5) The articles of incorporation may state a provision eliminating or limiting the personal liability of a director as provided in section 7-55-107 (1)(h).
Source: L. 73: R&RE, p. 429, § 1. C.R.S. 1963: § 30-1-2. L. 87: (1.5) added, p. 370, § 12, effective May 20. L. 96: IP(1) amended, p. 543, § 5, effective July 1. L. 2000: (1)(a) amended, p. 948, § 2, effective July 1. L. 2003: IP(1), (1)(a), (1)(c), and (1.5) amended and (1)(c.5) added, p. 2215, § 52, effective July 1, 2004. L. 2004: (1)(c) and (1)(d) amended, p. 1408, § 30, effective July 1. L. 2008: (1)(h) amended, p. 18, § 1, effective August 5. L. 2009: (1)(d) repealed, (HB 09-1248), ch. 252, p. 1128, § 2, effective December 1.
Structure Colorado Code
Title 7 - Corporations and Associations
Article 55 - Cooperatives - General
§ 7-55-101. Cooperative Association Defined
§ 7-55-102. Articles of Incorporation - Filing
§ 7-55-104. Board of Directors
§ 7-55-105. Election of Officers
§ 7-55-106. Power of Directors
§ 7-55-107.5. Indemnification and Personal Liability of Directors, Officers, Employees, and Agents
§ 7-55-108. Application of Powers
§ 7-55-109. Amendment of Articles
§ 7-55-110. Vote of Stockholders or Members
§ 7-55-112. Merger, Conversion, or Consolidation
§ 7-55-113. Adoption of Provisions of This Article
§ 7-55-114. Dissolution of Association
§ 7-55-115. Exemption From Securities Laws
§ 7-55-116. Application of Corporation Laws
§ 7-55-117. Associations Not in Restraint of Trade
§ 7-55-118. Associations of Other Jurisdictions