Colorado Statutes
§ 7-61-116 — Compensation of limited partner
A limited partner may receive
from the partnership the share of the profits or the compensation by way of income
stipulated for in the certificate, if after such payment is made, whether from the
property of the partnership or that of a general partner, the partnership assets are
in excess of all liabilities of the partnership except liabilities to limited partners on
account of their contributions and to general partners.
Free access — add to your briefcase to read the full text and ask questions with AI
Colorado § 7-61-116 (Compensation of limited partner) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Source: L. 31: p. 633, � 15. CSA: C. 123, � 58. CRS 53: � 104-2-15. C.R.S. 1963: � 104-2-15.
Nearby Sections
15
§ 7-101-101
Short title§ 7-101-102
Reservation of power to amend or repeal§ 7-101-201
Filing requirements§ 7-101-401
General definitions§ 7-101-501
Short title§ 7-101-504
Nonprofit corporations§ 7-101-506
Duties of directors§ 7-101-507
Benefit report - definition§ 7-101-509
No effect on other corporations§ 7-102-101
Incorporators§ 7-102-102
Articles of incorporation§ 7-102-103
Incorporation