Colorado Statutes
§ 7-62-602 — Withdrawal of general partner
A general partner may withdraw
from a limited partnership at any time by giving written notice to the other partners,
but if the withdrawal violates the partnership agreement, the limited partnership
may recover from the withdrawing general partner damages for breach of the
partnership agreement and offset the damages against the amount otherwise
distributable to the general partner. The withdrawal of a general partner who is also
a limited partner shall not constitute the withdrawal of the partner as a limited
partner or affect the partner's rights as a limited partner.
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Legislative History
Source: L. 81: Entire article added, p. 444, � 1, effective November 1. L. 97: Entire section amended, p. 1501, � 7, effective June 3.
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