Nature of business

Colo. Rev. Stat. § 7-62-106, under GENERAL PROVISIONS.

Colo. Rev. Stat. § 7-62-106

A limited partnership may carry on any business that a partnership without limited partners may carry on except as prohibited by law.

Source: L. 81: Entire article added, p. 435, § 1, effective November 1.

ANNOTATION

Law reviews. For article, "Research and Development Tax Shelter Partnership", see 11 Colo. Law. 1851 (1982). For article, "Partnership or LLC: Alternative to an Irrevocable Life Insurance Trust?", see 25 Colo. Law. 43 (Jan. 1996).