C.R.S. Section 7-64-101
Definitions

As used in this article, unless the context otherwise requires:
(1)(Deleted by amendment, L. 2003, p. 2249, § 149, effective July 1, 2004.)(2) “Business” includes every trade, occupation, and profession.

(3)

“Debtor in bankruptcy” means a person who is the subject of:

(a)

An order for relief under Title 11 of the United States Code or a comparable order under a successor statute of general application; or

(b)

A comparable order under federal, state, or foreign law governing insolvency.
(4)(Deleted by amendment, L. 2003, p. 2249, § 149, effective July 1, 2004.)(5) “Distribution” means a transfer of money or other property from a partnership to a partner in the partner’s capacity as a partner or to a transferee of all or a part of a partner’s transferable interest.
(6)(Deleted by amendment, L. 2003, p. 2249, § 149, effective July 1, 2004.)(7) “Filed statement” means a statement that has been filed by the secretary of state pursuant to part 3 of article 90 of this title. A copy of a filed statement means a copy of the filed statement that the secretary of state has certified to be in the records of the secretary of state.

(8)

to (10)(Deleted by amendment, L. 2003, p. 2249, § 149, effective July 1, 2004.)(11)(Deleted by amendment, L. 2004, p. 1448, § 154, effective July 1, 2004.)(12)(Deleted by amendment, L. 2003, p. 2249, § 149, effective July 1, 2004.)(13) “Limited liability partnership” means a partnership that is registered as a limited liability partnership under section 7-64-1002 (1).

(14)

and (15)(Deleted by amendment, L. 2004, p. 1448, § 154, effective July 1, 2004.)(16) and (17)(Deleted by amendment, L. 2003, p. 2249, § 149, effective July 1, 2004.)(18) “Partner” means a person who is admitted to a partnership as a partner of the partnership.

(19)

“Partnership” shall have the meaning set forth in section 7-64-202 (1).

(20)

“Partnership agreement” means the agreement, whether written, oral, or implied, among the partners that governs relations among the partners and between the partners and the partnership. For purposes of part 10 of this article, the term “partnership agreement” shall have the meaning set forth in section 7-64-1001 (2).

(21)

“Partnership at will” means a partnership that is not a partnership for a definite term or particular undertaking.

(22)

“Partnership for a definite term or particular undertaking” means a partnership in which the partners have agreed to remain partners until the expiration of a definite term or the completion of a particular undertaking.

(23)

“Partnership interest” or “partner’s interest in the partnership” means all of a partner’s interests in the partnership, including the partner’s transferable interest and all management and other rights.

(24)

“Partnership obligation” means any debt, obligation, or liability of the partnership, whether sounding in tort, contract, or otherwise.
(25)(Deleted by amendment, L. 2003, p. 2249, § 149, effective July 1, 2004.)(26) “Property” means all property, real, personal, or mixed, tangible or intangible, or any interest therein.

(27)

“Registrant” means a person that is registered under section 7-64-1002.
(28)(Deleted by amendment, L. 2003, p. 2249, § 149, effective July 1, 2004.)(29) “Statement” means a statement of partnership authority under section 7-64-303, a statement of denial under section 7-64-304, a statement of dissociation under section 7-64-704, a statement of dissolution under section 7-64-805, a statement of registration under section 7-64-1002, a statement of withdrawal of registration under section 7-64-1002, a statement of correction under section 7-90-305, or a statement of change under section 7-90-305.5 of any of the foregoing.
(30)(Deleted by amendment, L. 2003, p. 2249, § 149, effective July 1, 2004.)(31) “Transfer” includes an assignment, conveyance, lease, mortgage, deed, and encumbrance.

(32)

“Transferable interest” means a partner’s share of the profits and losses of the partnership and the partner’s right to receive distributions.

Source: Section 7-64-101 — Definitions, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-07.­pdf (accessed Oct. 20, 2023).

7‑64‑101
Definitions 7‑64‑102
Knowledge and notice 7‑64‑103
Effect of partnership agreement - nonwaivable provisions - statute of frauds 7‑64‑104
Supplemental principles of law 7‑64‑105
Filing and recording of statements 7‑64‑106
Law governing internal relations 7‑64‑107
Partnership subject to amendment or repeal of article 7‑64‑201
Partnership as entity 7‑64‑202
Formation of partnership 7‑64‑203
Partnership property 7‑64‑204
When property is partnership property 7‑64‑205
Admission without contribution or transferrable interest 7‑64‑301
Partner agent of partnership 7‑64‑302
Transfer of partnership property 7‑64‑303
Statement of partnership authority 7‑64‑304
Statement of denial 7‑64‑305
Partnership liable for partner’s actionable conduct 7‑64‑306
Partner’s liability 7‑64‑307
Actions by and against partnership and partners 7‑64‑308
Liability of purported partner 7‑64‑401
Partner’s rights and duties 7‑64‑402
Distributions in kind 7‑64‑403
Partner’s rights and duties with respect to information 7‑64‑404
General standards of partner’s conduct 7‑64‑405
Actions by partnership and partners 7‑64‑406
Continuation of partnership beyond definite term or particular undertaking 7‑64‑501
Partner not co-owner of partnership property 7‑64‑502
Partner’s transferable interest in partnership 7‑64‑503
Transfer of partner’s transferable interest 7‑64‑504
Partner’s transferable interest subject to charging order 7‑64‑601
Events causing partner’s dissociation 7‑64‑602
Partner’s power to dissociate - wrongful dissociation 7‑64‑603
Effect of partner’s dissociation 7‑64‑701
Purchase of dissociated partner’s interest 7‑64‑702
Dissociated partner’s power to bind and liability to partnership 7‑64‑703
Dissociated partner’s liability to other persons 7‑64‑704
Statement of dissociation 7‑64‑705
Continued use of partnership name 7‑64‑801
Events causing dissolution and winding up of partnership business 7‑64‑802
Partnership continues after dissolution 7‑64‑803
Right to wind up partnership business 7‑64‑804
Partner’s power to bind partnership after dissolution 7‑64‑805
Statement of dissolution 7‑64‑806
Partner’s liability to other partners after dissolution 7‑64‑807
Settlement of accounts and contributions among partners 7‑64‑1001
Definitions 7‑64‑1002
Registration 7‑64‑1004
Limitations on distributions to general partner 7‑64‑1007
Periodic reports 7‑64‑1008.5
Registered agent - service of process 7‑64‑1009
Application of corporation case law to set aside limited liability 7‑64‑1010
Scope of part - choice of law - application to professions and occupations 7‑64‑1101
Filing requirements 7‑64‑1201
Uniformity of application and construction 7‑64‑1202
Title 7‑64‑1203
Severability clause 7‑64‑1204
Effective date 7‑64‑1205
Applicability 7‑64‑1206
Saving clause
Green check means up to date. Up to date

Current through Fall 2024

§ 7-64-101’s source at colorado​.gov