Nature of business

Colo. Rev. Stat. § 7-80-103, under DEFINITION AND APPLICATION.

Colo. Rev. Stat. § 7-80-103

A limited liability company may be formed under this article for any lawful business, subject to any provisions of law governing or regulating such business within this state.

Source: L. 90: Entire article added, p. 415, § 1, effective April 18. L. 94: Entire section amended, p. 710, § 2, effective July 1. L. 2003: Entire section amended, p. 2264, § 175, effective July 1, 2004.

ANNOTATION

Law reviews. For article, "Partnership or LLC: Alternative to an Irrevocable Life Insurance Trust?", see 25 Colo. Law. 43 (Jan. 1996).