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2017 Colorado Revised Statutes
Title 7 - Corporations and Associations
Corporations - Continued
Article 126 - Members and Memberships
Part 1 - Admission of Members and Liability to Third Parties
§ 7-126-103. Liability to third parties
Universal Citation: CO Rev Stat ยง 7-126-103 (2017)
The directors, officers, employees, and members of a nonprofit corporation are not, as such, personally liable for the acts, debts, liabilities, or obligations of a nonprofit corporation.
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