Propose a change

Title 17 Corporations, Partnerships and Associations

Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.

Change 1

What to do with it
As published

17-10-220. Limitation of director's liability.

(a) A director's personal liability to the cooperative or members for monetary damages for breach of fiduciary duty as a director may be eliminated or limited in the articles except as provided in subsection (b) of this section. (b) The articles may not eliminate or limit the liability of a director: (i) For a breach of the director's duty of loyalty to the cooperative or its members; (ii) For acts or omissions that are not in good faith or involve intentional misconduct or a knowing violation of law; (iii) For a transaction from which the director derived an improper personal benefit; or (iv) For an act or omission occurring before the date when the provision in the articles eliminating or limiting liability becomes effective.

Your change, as a redline

17-10-220. Limitation of director's liability.

(a) A director's personal liability to the cooperative or members for monetary damages for breach of fiduciary duty as a director may be eliminated or limited in the articles except as provided in subsection (b) of this section. (b) The articles may not eliminate or limit the liability of a director: (i) For a breach of the director's duty of loyalty to the cooperative or its members; (ii) For acts or omissions that are not in good faith or involve intentional misconduct or a knowing violation of law; (iii) For a transaction from which the director derived an improper personal benefit; or (iv) For an act or omission occurring before the date when the provision in the articles eliminating or limiting liability becomes effective.

One line that says what changes, such as "Halve the dog tax".

Who it helps, what it costs, what it fixes. It is what persuades people to support it.

A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.

Sign in to file your proposal. What you have written stays on this page.

Sign in to file it