2022 Colorado Code
Title 7 - Corporations and Associations
Article 80 - Limited Liability Companies
Part 7 - Members
§ 7-80-719. Applicability of Derivative Proceeding to Foreign Limited Liability Companies

Universal Citation: CO Code § 7-80-719 (2022)

In any derivative proceeding in the right of a foreign limited liability company, the right of a person to commence or maintain a derivative proceeding in the right of a foreign limited liability company and any matters raised in such proceeding covered by sections 7-80-713 to 7-80-718 shall be governed by the law of the jurisdiction under which the foreign limited liability company was formed; except that any matters raised in such proceeding covered by sections 7-80-715 and 7-80-717 shall be governed by the law of this state.

Source: L. 2002: Entire section added, p. 1727, § 160, effective October 1. L. 2003: Entire section amended, p. 2268, § 191, effective July 1, 2004.

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