C.R.S. Section 7-61-108
Limited partner not liable to creditors

  • when

A limited partner shall not become liable as a general partner unless, in addition to the exercise of the limited partner’s rights and powers as a limited partner, the limited partner takes part in the control of the business.

Source: Section 7-61-108 — Limited partner not liable to creditors - when, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-07.­pdf (accessed Oct. 20, 2023).

7‑61‑101
Short title
7‑61‑102
Definitions
7‑61‑103
Formation
7‑61‑104
Business which may be carried on
7‑61‑105
Limited partner’s contribution
7‑61‑106
Name not to contain surname of limited partner - exceptions
7‑61‑107
Liability for false statement in certificate
7‑61‑108
Limited partner not liable to creditors - when
7‑61‑109
Admission of additional limited partners
7‑61‑110
General partner - rights - liabilities
7‑61‑111
Rights of a limited partner
7‑61‑112
Status of person erroneously believing self to be a limited partner
7‑61‑113
One person both general and limited partner
7‑61‑114
Transactions with limited partner
7‑61‑115
Relation of limited partners inter se
7‑61‑116
Compensation of limited partner
7‑61‑117
Withdrawal or reduction of limited partner’s contribution
7‑61‑118
Liability of limited partner to partnership
7‑61‑119
Nature of limited partner’s interest
7‑61‑120
Assignment of limited partner’s interest
7‑61‑121
Effect of retirement, death, or insanity of a general partner
7‑61‑122
Death of limited partner
7‑61‑123
Rights of creditors of limited partner
7‑61‑124
Distribution of assets
7‑61‑125
When certificate shall be canceled or amended
7‑61‑126
Requirements for amendment and for cancellation of certificate
7‑61‑127
Parties to actions
7‑61‑128
Rules of construction
7‑61‑129
Law governing cases not covered
7‑61‑129.5
Applicability
7‑61‑130
Provisions for existing limited partnerships
Green check means up to date. Up to date

Current through Fall 2024

§ 7-61-108’s source at colorado​.gov