Colorado § 15-1-701 Power to become partner

Colorado Statutes

§ 15-1-701 — Power to become partner

Colorado § 15-1-701

Title 15Probate,

Art.Fiduciary

This text of Colorado § 15-1-701 (Power to become 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. § 15-1-701 (2026).

Text

Subject to the terms of the partnership
agreement, if permitted by the trust instrument or will under which the fiduciary
serves or by order of a court having jurisdiction of the estate or trust, a fiduciary
may enter into a partnership agreement and accept the assignment of or otherwise
acquire, hold, and dispose of an interest in a partnership and in so doing may
become either a general or a limited partner.

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Subject to the terms of the partnership
agreement, if permitted by the trust instrument or will under which the fiduciary
serves or by order of a court having jurisdiction of the estate or trust, a fiduciary
may enter into a partnership agreement and accept the assignment of or otherwise
acquire, hold, and dispose of an interest in a partnership and in so doing may
become either a general or a limited partner.