Admission of partner binds partnership

Colo. Rev. Stat. § 7-60-111, under Corporations and Associations.

Colo. Rev. Stat. § 7-60-111

An admission or representation made by any partner concerning partnership affairs within the scope of the partner's authority as conferred by this article is evidence against the partnership.

Source: L. 31: p. 651, � 11. CSA: C. 123, � 11. CRS 53: � 104-1-11. C.R.S. 1963: � 104-1-11. L. 2004: Entire section amended, p. 1423, � 73, effective July 1.