Colorado § 7-61-122 Death of limited partner

Colorado Statutes

§ 7-61-122 — Death of limited partner

Colorado § 7-61-122

Title 07Corporations

Art.Uniform Limited Partnership Law of 1931

This text of Colorado § 7-61-122 (Death of limited partner) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 7-61-122 (2026).

Text

(1)On the death of a limited partner, the deceased limited partner's executor or administrator shall have all the rights of a limited partner for the purpose of settling the deceased limited partner's estate and such power as the deceased limited partner had to constitute the deceased limited partner's assignee a substituted limited partner.

(2)The estate of a deceased limited partner shall be liable for all of the liabilities of the deceased limited partner as a limited partner.

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(1) On the death of a limited partner, the
deceased limited partner's executor or administrator shall have all the rights of a
limited partner for the purpose of settling the deceased limited partner's estate
and such power as the deceased limited partner had to constitute the deceased
limited partner's assignee a substituted limited partner.

(2) The estate of a deceased limited partner shall be liable for all of the
liabilities of the deceased limited partner as a limited partner.

Legislative History

Source: L. 31: p. 638, � 21. CSA: C. 123, � 64. CRS 53: � 104-2-21. C.R.S. 1963: � 104-2-21. L. 2004: Entire section amended, p. 1439, � 120, effective July 1.