Colorado § 7-61-106 Name not to contain surname of limited partner - exceptions

Colorado Statutes

§ 7-61-106 — Name not to contain surname of limited partner - exceptions

Colorado·Title 07 Corporations·Art. Uniform Limited Partnership Law of 1931

(1)The surname of a limited partner shall not appear in the partnership name, unless:

(a)It is also the surname of a general partner; or

(b)Prior to the time when the limited partner became such, the business had been carried on under a name in which the limited partner's surname appeared.

(2)A limited partner whose name appears in a partnership name contrary to the provisions of subsection (1) of this section is liable as a general partner to partnership creditors who extend credit to the partnership without actual knowledge that the limited partner is not a general partner.

Free access — add to your briefcase to read the full text and ask questions with AI

(1)
The surname of a limited partner shall not appear in the partnership name, unless:

(a) It is also the surname of a general partner; or

(b) Prior to the time when the limited partner became such, the business had
been carried on under a name in which the limited partner's surname appeared.

(2) A limited partner whose name appears in a partnership name contrary to
the provisions of subsection (1) of this section is liable as a general partner to
partnership creditors who extend credit to the partnership without actual
knowledge that the limited partner is not a general partner.

Colorado § 7-61-106 (Name not to contain surname of limited partner - exceptions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 31: p. 628, � 5. CSA: C. 123, � 48. CRS 53: � 104-2-5. C.R.S. 1963: � 104-2-5. L. 2004: (1)(b) and (2) amended, p. 1436, � 110, effective July 1.