§ 7-60-127 — Assignment of partner's interest

(1) A conveyance by a partner
of the partner's interest in the partnership does not of itself dissolve the
partnership, nor, as against the other partners in the absence of agreement, entitle
the assignee, during the continuance of the partnership, to interfere in the
management or administration of the partnership business or affairs, to require any
information or account of partnership transactions, or to inspect the partnership
books; but it merely entitles the assignee to receive in accordance with the
assignee's contract the profits to which the assigning partner would otherwise be
entitled.

(2) In a dissolution of the partnership, the assignee is entitled to receive the
assignor's interest and may require an account only from the date of the last
account agreed to by all the partners.

Legislative History

Source: L. 31: p. 659, � 27. CSA: C. 123, � 27. CRS 53: � 104-1-27. C.R.S. 1963: � 104-1-27. L. 2004: Entire section amended, p. 1426, � 86, effective July 1.