Applicability of derivative proceeding to foreign limited liability companies

C.R.S. § 7-80-719
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
7-80-719. Applicability of derivative proceeding to foreign limited liability companies. 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: Open US Law by Vaquill AI (CC BY 4.0)URL: https://leg.colorado.gov/sites/default/files/images/olls/crs2024-title-07.docx#7-80-719Fetched: 10/6/2026

Starting a business in Colorado? Colorado LLC guide: costs and requirements