Colorado Statutes

§ 7-61-108 — Limited partner not liable to creditors - when

Colorado·Title 07 Corporations·Art. Uniform Limited Partnership Law of 1931
A limited partner shall not become liable as a general partner unless, in addition to the exercise of the limited partner's rights and powers as a limited partner, the limited partner takes part in the control of the business.

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Legislative History

Source: L. 31: p. 629, � 7. CSA: C. 123, � 50. CRS 53: � 104-2-7. C.R.S. 1963: � 104-2-7. L. 2004: Entire section amended, p. 1436, � 112, effective July 1.

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