{"data":{"id":"us-co/c.r.s.-7-61-107","jurisdiction":"us-co","citation":"C.R.S. § 7-61-107","heading":"Liability for false statement in certificate.","body":"(1) If the certificate contains a false statement, one who suffers loss by reliance on such statement may hold liable any party to the certificate who knew the statement to be false:\n\n(a) At the time such party signed the certificate; or\n\n(b) Subsequently but within a sufficient time before the statement was relied upon to enable such party to cancel or amend the certificate or to file a petition for its cancellation or amendment as provided in section 7-61-126 (3).","path":["Title 7 - CORPORATIONS AND ASSOCIATIONS","Article 61 - Uniform Limited Partnership Law of 1931"],"source_url":"https://olls.info/crs/crs2026-title-07.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"b3b3abf361067827830350dcd5fac40c70e1eca80947511b81c2342242b48457","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-7-61-106","next":"us-co/c.r.s.-7-61-108"},"notice":"GroundRules: Original legal text. Not legal advice."}