Colorado § 7-62-801 Dissolution - general rules

Colorado Statutes

§ 7-62-801 — Dissolution - general rules

Colorado·Title 07 Corporations·Art. Colorado Uniform Limited

(1)A limited partnership is dissolved and its affairs shall be wound up upon the happening of the first to occur of the following:

(a)At the time or upon the happening of events stated in writing in the partnership agreement;

(b)Written consent of all partners;

(c)Except as otherwise provided in the written provisions of a partnership agreement, written consent of a majority of the limited partners within ninety days after an event of withdrawal of the last remaining general partner; and

(d)Entry of a decree of judicial dissolution under section 7-62-802.

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(1) A limited partnership is dissolved
and its affairs shall be wound up upon the happening of the first to occur of the
following:

(a) At the time or upon the happening of events stated in writing in the
partnership agreement;

(b) Written consent of all partners;

(c) Except as otherwise provided in the written provisions of a partnership
agreement, written consent of a majority of the limited partners within ninety days
after an event of withdrawal of the last remaining general partner; and

(d) Entry of a decree of judicial dissolution under section 7-62-802.

Colorado § 7-62-801 (Dissolution - general rules) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 81: Entire article added, p. 446, � 1, effective November 1. L. 86: (1)(a) and (1)(c) amended, p. 457, � 30, effective July 1. L. 97: (1)(c) amended, p. 1501, � 8, effective June 3. L. 2003: (1)(a) amended, p. 2247, � 141, effective July 1, 2004.