Liability of members and managers

Colo. Rev. Stat. § 7-80-705, under Corporations and Associations.

Colo. Rev. Stat. § 7-80-705

Members and managers of limited liability companies are not liable under a judgment, decree, or order of a court, or in any other manner, for a debt, obligation, or liability of the limited liability company.

Source: L. 90: Entire article added, p. 434, � 1, effective April 18.