The rule that statutes in derogation of the common law are to be strictly construed shall have no application to this article.
Source: L. 2004: Entire section added, p. 938, § 4, effective July 1.
Structure Colorado Code
Title 7 - Corporations and Associations
Article 80 - Limited Liability Companies
Part 1 - Definition and Application
§ 7-80-103. Nature of Business
§ 7-80-105. Unauthorized Assumption of Powers
§ 7-80-106. Transaction of Business Outside State
§ 7-80-107. Application of Corporation Case Law to Set Aside Limited Liability
§ 7-80-108. Effect of Operating Agreement - Nonwaivable Provisions - Statute of Frauds