Colorado Statutes
§ 7-60-121 — Accountable as a fiduciary
Colorado § 7-60-121
This text of Colorado § 7-60-121 (Accountable as a fiduciary) 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. § 7-60-121 (2026).
Text
(1)Every partner shall account to the
partnership for any benefit and hold as trustee for it any profits derived by such
partner without the consent of the other partners from any transaction connected
with the formation, conduct, or liquidation of the partnership or from any use by
such partner of its property.
(2)This section applies also to the representatives of a deceased partner
engaged in the liquidation of the affairs of the partnership as the personal
representatives of the last surviving partner.
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Legislative History
Source: L. 31: p. 656, � 21. CSA: C. 123, � 21. CRS 53: � 104-1-21. C.R.S. 1963: � 104-1-21. L. 2004: (1) amended, p. 1425, � 81, effective July 1.
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
IncorporationCite This Page — Counsel Stack
Bluebook (online)
Colorado § 7-60-121, Counsel Stack Legal Research, https://law.counselstack.com/statute/co/7-60-121.