Colo. Rev. Stat. § 7-62-404

Current through Acts effective through 6/7/2024 of the 2024 Legislative Session
Section 7-62-404 - Contributions by a general partner

A general partner of a limited partnership may make contributions to the partnership and share in the profits and losses of, and in distributions from, the limited partnership as a general partner. A general partner also may make contributions to and share in profits, losses, and distributions as a limited partner. A person who is both a general partner and a limited partner has the rights and powers, and is subject to the restrictions and liabilities, of a general partner and, except as provided in the partnership agreement, also has the powers, and is subject to the restrictions, of a limited partner to the extent of the person's participation in the partnership as a limited partner.

C.R.S. § 7-62-404

L. 81: Entire article added, p. 443, § 1, effective November 1. L. 2004: Entire section amended, p. 1443, § 134, effective July 1.