Standards of conduct and liability.

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(1) Except as otherwise provided in section 7-58-820:

  1. The discharge of the duties of a director or member of a committee of the board ofdirectors is governed by the law applicable to directors of entities organized under the "Colorado Business Corporation Act", articles 101 to 117 of this title; and

  2. The liability of a director or member of a committee of the board of directors isgoverned by the law applicable to directors of entities organized under the "Colorado Business Corporation Act", articles 101 to 117 of this title.

Source: L. 2011: Entire article added, (SB 11-191), ch. 197, p. 796, § 1, effective April 2, 2012.


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