§ 7-61-111 — Rights of a limited partner

Colorado § 7-61-111

• Jurisdiction: Colorado
• Title 07: Corporations
• Art.: Uniform Limited Partnership Law of 1931

Text

(1) A limited partner shall have the
same rights as a general partner to:

(a) Have the partnership books kept at the principal place of business of the
partnership and at all times to inspect and copy any of them;

(b) Have on demand true and full information of all things affecting the
partnership and a formal account of partnership affairs whenever circumstances
render it just and reasonable; and

(c) Have dissolution and winding up by decree of court.

(2) A limited partner shall have the right to receive a share of the profits or
other compensation by way of income and to the return of the limited partner's
contribution as provided in sections 7-61-116 and 7-61-117.

Legislative History

Source: L. 31: p. 631, � 10. CSA: C. 123, � 53. CRS 53: � 104-2-10. C.R.S. 1963: � 104-2-10. L. 2004: (2) amended, p. 1437, � 113, effective July 1.