Colo. Rev. Stat. » Title 7
Colorado Revised Statutes

Colo. Rev. Stat. § 7-80-103 (2024)

Nature of business

✓ C.R.S. 2024: the 2025 and 2026 sessions are not included
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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.

Notes of Decisions
Cited in 2 cases, 2019–2020 · leading case: Dill v. Rembrandt Grp., Inc, 2020 COA 69, 474 P.3d 176.
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Dill v. Rembrandt Grp., Inc, 2020 COA 69, 474 P.3d 176. · cites it 2× “§ 7-80-103, C.R.S. 2019 (an LLC may be formed for any lawful business); § 7-80-204(1)(g), C.”
Props. Dev. Corp. v. Hinds, 2019 COA 102. · cites it 2× “2018, and may be formed for any lawful business purpose, § 7-80-103, C.R.S. 2018. A. Burden of Proof for Veil-Piercing: Preponderance of Evidence ¶ 18 The burden of proof for establishing a claim to pierce the corporate veil has been the subject of inconsistent judicial…”
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