C.R.S. Section 7-61-126
Requirements for amendment and for cancellation of certificate


(1)

The writing to amend a certificate shall:

(a)

Conform to the requirements of section 7-61-103 insofar as necessary to state clearly the change in the certificate that is desired; and

(b)

Be signed and sworn to by all members, and an amendment substituting a limited partner or adding a limited or general partner shall be signed also by the member to be substituted or added, and when a limited partner is to be substituted, the amendment shall also be signed by the assigning limited partner.

(2)

The writing to cancel a certificate shall be signed by all members.

(3)

If any person designated in subsections (1) and (2) of this section as a person who must execute the writing to cancel a certificate refuses to do so, a person desiring the cancellation or amendment of such certificate may petition the district court to direct a cancellation or amendment thereof.

(4)

If the court finds that the petitioner has a right to have the writing executed by a person who refuses to do so, it shall order the county clerk and recorder in the office in which the certificate is recorded to record the cancellation or amendment of the certificate; and where the certificate is to be amended, the court shall also cause to be filed for record in said office a certified copy of its decree stating the amendment.

(5)

A certificate is amended or canceled when there is filed for record in the office of the county clerk and recorder in which the certificate is recorded:

(a)

A writing in accordance with the provisions of subsections (1) and (2) of this section; or

(b)

A certified copy of the order of court in accordance with the provisions of subsection (4) of this section.

(6)

After the certificate is duly amended in accordance with this section, the amended certificate thereafter shall be for all purposes the certificate provided for by this article.

Source: Section 7-61-126 — Requirements for amendment and for cancellation of certificate, 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

§ 7-61-126’s source at colorado​.gov