Colorado Statutes

§ 7-61-115 — Relation of limited partners inter se

Colorado·Title 07 Corporations·Art. Uniform Limited Partnership Law of 1931
Where there are several limited partners, the members may agree that one or more of the limited partners shall have a priority over other limited partners as to the return of their contributions, as to their compensation by way of income, or as to any other matter. If such an agreement is made it shall be stated in the certificate, and, in the absence of such a statement, all the limited partners shall stand upon equal footing.

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Legislative History

Source: L. 31: p. 633, � 14. CSA: C. 123, � 57. CRS 53: � 104-2-14. C.R.S. 1963: � 104-2-14.

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