§ 15-1-701 — Power to become partner

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.

Legislative History

Source: L. 63: p. 496, � 1. C.R.S. 1963: � 57-7-1. L. 2002: Entire section amended, p. 650, � 2, effective July 1.