Colorado Statutes

§ 7-60-117 — Liability of incoming partner

Colorado § 7-60-117
JurisdictionColorado
Title 07Corporations
Art.Uniform Partnership Law

This text of Colorado § 7-60-117 (Liability of incoming partner) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Colo. Rev. Stat. § 7-60-117 (2026).

Text

A person admitted as a partner into an existing partnership is liable for all the obligations of the partnership arising before such admission as though the person had been a partner when such obligations were incurred; except that this liability shall be satisfied only out of partnership property.

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Legislative History

Source: L. 31: p. 654, � 17. CSA: C. 123, � 17. CRS 53: � 104-1-17. C.R.S. 1963: � 104-1-17. L. 2004: Entire section amended, p. 1425, � 79, effective July 1.

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Bluebook (online)
Colorado § 7-60-117, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/07/7-60-117.