Colorado Statutes

§ 7-61-123 — Rights of creditors of limited partner

Colorado § 7-61-123
JurisdictionColorado
Title 07Corporations
Art.Uniform Limited Partnership Law of 1931

This text of Colorado § 7-61-123 (Rights of creditors 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. § 7-61-123 (2026).

Text

(1)On due application to a court of competent jurisdiction by any creditor of a limited partner, the court may charge the interest of the indebted limited partner with payment of the unsatisfied amount of such claim and may appoint a receiver and make all other orders, directions, and inquiries which the circumstances of the case may require.
(2)The interest may be redeemed with the separate property of any general partner but may not be redeemed with partnership property.
(3)The remedies conferred by subsection (1) of this section shall not be deemed exclusive of others which may exist.
(4)Nothing in this article shall be held to deprive a limited partner of the limited partner's statutory exemption.

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Legislative History

Source: L. 31: p. 638, � 22. CSA: C. 123, � 65. CRS 53: � 104-2-22. C.R.S. 1963: � 104-2-22. L. 2004: (4) amended, p. 1439, � 121, effective July 1.

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Bluebook (online)
Colorado § 7-61-123, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/07/7-61-123.