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answered on Oct 2, 2023
Colorado does have regulations for non-profit organizations, but the terms for board officers are often dictated by the organization's bylaws. It's crucial to consult the bylaws for guidance on term lengths and any restrictions or requirements.
I have a business credit card, and paying off this business credit card is going to take me years. I am okay with declaring bankruptcy on this business credit card and taking the hit to my business credit score as long as the following criteria are assured.
1: My personal credit score must... View More 
answered on Jul 27, 2023
The most important element here is whether you personally guaranteed the business debt. If you did, the business bankruptcy won't wipe out your personal obligation to pay that debt. If the business is solely liable for the debt, which is very rare, there isn't any reason your personal... View More
This is my first excavation job. Sewer line in alley was originally located 6' deep, ended up being damaged all the way to city tap which is 13' deep. After replacing the damaged pipe, encasing in concrete, backfilling, replaced roadbase, and asphault. A week later the utility company ran... View More
answered on Jun 17, 2023
A Colorado attorney could advise best, as you have state-specific construction and engineering codes in a project like this, but you posted two weeks ago. One option is for the job to be examined by someone with legal and technical experience with such project to explore options, determine the most... View More
I have several properties in CO, each in it's own separate LLC with me as the only member of each LLC. Does having all the LLC's insured under a PERSONAL liability umbrella defeat the entire point of the LLC's, (which is to keep each property only individually "liable" and... View More
answered on Jun 2, 2023
Hi there, generally your personal liability policy is not going to cover the properties owned by the LLC given that the LLC is not the insured on the policy. You would need to read the policy to be certain. An umbrella policy for all of them could be a solution if there was adequate coverage and... View More
answered on Feb 1, 2023
Assuming you are insured, you should tender the complaint to your insurance company and open a claim. Depending on the type of policy you have, they will likely assign a defense attorney to defend the action on your company's behalf. If you are uninsured, you will be required to hire a defense... View More
The company was paid as private contractors. We waited 2 years for them to build the store they promised, but all they ever did was delay. Now they’ve filed for chapter 7 bankruptcy without ever telling us and we don’t know what, if anything, we can do legally to try and recoup our $30k. The... View More
answered on Dec 4, 2022
You would have to reduce the cause of action to a judgement by filing a lawsuit and going through that process. This process will depend on the language in any contracts executed or if there was no contract the state procedural and conflict of law rules.
Once you have a judgement you would... View More
I am an independent contractor in marketing and being asked by a company I work for to drive their representatives around in a rental car at a trade expo in Las Vegas that we will all be attending. They are reimbursing me for the car rental, but said since I am an independent contractor, I would... View More
answered on Nov 26, 2022
A Texas or Colorado attorney could advise best, but your question remains open for three weeks. Until you're able to consult with a local attorney as to state-specific elements of law that might apply, independent contractors can usually set conditions as agreed, depending on the company.... View More
For example, if attempts to serve someone a civil lawsuit at their home address have been unsuccessful, could that person be served via the registered agent for an LLC they own, even if the LLC is not named as a defendant in the lawsuit? Specifically, if they're using a registered agent... View More
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answered on Nov 9, 2022
I would recommend reviewing the rules of civil procedure as they pertain to personal service. There are quite a few ways to obtain personal service. If you are unsure, you should contact an attorney. If you cannot afford one, another option may be to hire a good process server that is familiar with... View More
For example, if attempts to serve someone a civil lawsuit at their home address have been unsuccessful, could that person be served via the registered agent for an LLC they own, even if the LLC is not named as a defendant in the lawsuit? Specifically, if they're using a registered agent... View More
answered on Nov 7, 2022
The LLC structure is a legally distinct entity in Colorado law. While some code sections and some tax regulations will refer to both businesses and regular people equally as a "person" the significance of the LLC is to create a legal distinction between the business and its owners.... View More
For example, if attempts to serve someone a civil lawsuit at their home address have been unsuccessful, could that person be served via the registered agent for an LLC they own, even if the LLC is not named as a defendant in the lawsuit? Specifically, if they're using a registered agent... View More
answered on Dec 1, 2022
Service of process is a difficult concept when it is not straightforward service on the person being served. Both the other answers to this question are correct. These are very fact-specific questions. I agree that you could look to the rules of civil procedure for “self-help.” Remember,... View More
So a local small family owned business is asking for my help as a friend, they are offering a 50/50 partnership (technically less cause someone has a 25% share in their S-Corp business) for a cosign on a $30,000 loan that will save their business and bring it back into the green. They are offering... View More
answered on Apr 7, 2023
You can ask for collateral, like a stock pledge agreement, assignment of accounts, etc.
This type of transaction almost certainly requires an attorney to paper whatever deal is reached. The more complicated; the more it will cost.
Will I be responsible for it ?
Like if they have a copy of my license and list it on their store and they did something illegal with it without my knowledge. Will I be responsible for it ?
answered on Jan 21, 2023
A Colorado attorney could advise best, but your question remains open for two weeks. It could be a problem if someone walks in off the street and says that they relied upon the representation in the window that they were treated by a licensed professional. Good luck
I started a new instagram account for my twin boys and have posted a video that reached 6 millions views in a week or so and a company contacted me to get a permission from me to share their video in their social media and I will get 60% and they get %40. So I just want to talk with an attorney... View More
answered on Sep 11, 2022
You are wise to check with an attorney before you sign anything that does not make sense. Generally, the person creating a video clip has an automatically-occurring copyright in that video. The automatic rights are harder to enforce or sell, but the maker of the video clip can register their rights... View More
The app is available on iOS and I paid for the pro version. I’ve tried reading the agreements again but can’t tell. I would like to possible sell the original images or create my own works of art using these images as references.
answered on Sep 6, 2022
This is a generalized, public reply based on your question. It is not legal advice specific to your situation.
The Copyright Office addresses this question often. It recently came up in a February 2022 publication of the U.S. Copyright Office Review Board. If you have the time, do a web... View More
I am opening a brick and mortar location in CO, with investors lined up. Naturally, they will request some equity in the company.
How can I setup a situation where I end up owning the overall brand, so that several years from now I can open additional locations in other states and/or... View More
answered on Sep 2, 2022
While this reply is not legal advice specific to your situation, the following generalizations may be useful to anyone opening a business in Colorado under circumstances similar to yours.
Selecting a business structure is a key business decision. Business structures can be changed over the... View More
Upon coming to that conclusion, he mentioned a "mean way" and a "nice way" to handle this. As an art gallery, we need to be careful how we move everything, so we need some time. He said the "mean way" would be their having "repossession trucks" come in with a... View More
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answered on Aug 23, 2022
Afternoon,
If you have a landlord threatening to remove items from a commercial space, you need to obtain an attorney right away.
In Colorado, we have the unlawful eviction statue otherwise known as C.R.S. 38-12-510. The statute prevents landlord from evicting tenants without... View More
my sister and I inherited the family business she has never treated me as a partner we have rental units I have been fired from the family business that I have been involved for 50 years At this point I wander is my sister up to the challenge of running our business she has saver medical issues
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answered on Apr 8, 2022
Dissolution of the Partnership could be an effective action. If land is involved, a Partition Action might lie. Hire a competent CO attorney to examine the case and file suit.
The business has no other assets sales or income.
answered on Mar 31, 2022
Holding a raffle in Colorado is a regulated activity and requires a license issued by the Charitable Gaming Section of the Secretary of State’s office. A raffle can only be conducted by a legitimate, registered charity with an active non-profit registration in Colorado. In fact, the charity must... View More
Working in workers' compensation in Colorado, we have noticed recently a large number of businesses creating "staffing agencies" where they provide labor only to their own businesses, not to other client companies (so technically not staffing for our purposes). We had never seen... View More
answered on Mar 21, 2022
Business strategists and corporate attorneys sometimes recommend wholly-owned staffing subsidiaries. A parent company will own several businesses of the same kind and own a staffing company. This business structure makes sense when there are multiple locations that all operate in substantially the... View More
I currently own and operate a tour company in Colorado and have a vendor booth set up here. I would like to be able to travel state to state to different biker rallies with my booth and be able to be a vendor in different places throughout the Summer.
answered on Mar 10, 2022
Unless you become a part of a single organization that has already arranged rallies is various states, you will need to register with each rally you pan to attend. Each state (and each county or city) will expect you to hold a license to do business in that state and collect sales taxes. You may... View More
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