Colorado § 7-62-605 Distribution in kind

Colorado Statutes

§ 7-62-605 — Distribution in kind

Colorado § 7-62-605

Title 07Corporations

Art.Colorado Uniform Limited

This text of Colorado § 7-62-605 (Distribution in kind) 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. § 7-62-605 (2026).

Text

Except as provided in writing in the
partnership agreement, a partner, regardless of the nature of the partner's
contribution, has no right to demand and receive any distribution from a limited
partnership in any form other than cash. Except as provided in writing in the
partnership agreement, a partner may not be compelled to accept a distribution of
any asset in kind from a limited partnership to the extent that the percentage of the
asset distributed to the partner exceeds a percentage of that asset that is equal to
the percentage in which the partner shares in distributions from the limited
partnership.

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Except as provided in writing in the
partnership agreement, a partner, regardless of the nature of the partner's
contribution, has no right to demand and receive any distribution from a limited
partnership in any form other than cash. Except as provided in writing in the
partnership agreement, a partner may not be compelled to accept a distribution of
any asset in kind from a limited partnership to the extent that the percentage of the
asset distributed to the partner exceeds a percentage of that asset that is equal to
the percentage in which the partner shares in distributions from the limited
partnership.

Legislative History

Source: L. 81: Entire article added, p. 445, � 1, effective November 1. L. 86: Entire section amended, p. 456, � 27, effective July 1. L. 2004: Entire section amended, p. 1444, � 138, effective July 1.