Colorado § 7-62-301 Admission of limited partners

Colorado Statutes

§ 7-62-301 — Admission of limited partners

Colorado § 7-62-301

Title 07Corporations

Art.Colorado Uniform Limited

This text of Colorado § 7-62-301 (Admission of limited partners) 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. § 7-62-301 (2026).

Text

(1)After the filing of a limited partnership's original certificate of limited partnership, a person may be admitted as an additional limited partner:

(a)In the case of a person acquiring a partnership interest directly from the limited partnership, upon compliance with the partnership agreement or, if the partnership agreement does not so provide, upon the written consent of all partners;

(b)In the case of an assignee of a partnership interest of a partner who has the power, as provided in section 7-62-704, to grant the assignee the right to become a limited partner, upon the exercise of that power and compliance with any conditions limiting the grant or exercise of the power; and

(c)Either upon formation of the limited partnership or thereafter without making a contributi

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(1) After the filing of a limited
partnership's original certificate of limited partnership, a person may be admitted
as an additional limited partner:

(a) In the case of a person acquiring a partnership interest directly from the
limited partnership, upon compliance with the partnership agreement or, if the
partnership agreement does not so provide, upon the written consent of all
partners;

(b) In the case of an assignee of a partnership interest of a partner who has
the power, as provided in section 7-62-704, to grant the assignee the right to
become a limited partner, upon the exercise of that power and compliance with any
conditions limiting the grant or exercise of the power; and

(c) Either upon formation of the limited partnership or thereafter without
making a contribution or being obligated to make a contribution to the limited
partnership or acquiring a partnership interest, if in either case such admission is
pursuant to a written partnership agreement or other writing confirming the
admission.

(2) A person becomes a limited partner on the later of:

(a) The date the original certificate of limited partnership is filed in the
records of the secretary of state; and

(b) The date reflected in the records of the limited partnership as the date
that person becomes a limited partner.

Legislative History

Source: L. 81: Entire article added, p. 440, � 1, effective November 1. L. 86: (2) R&RE, p. 453, � 14, effective July 1. L. 2003: (2)(a) amended, p. 2245, � 133, effective July 1, 2004. L. 2009: (1) amended, (HB 09-1248), ch. 252, p. 1130, � 5, effective May 14.