Title 7, Corporations and Associations
0 chapters · 1,168 sections in this title.
Colo. Rev. Stat. § 7-64-602 Partner's power to dissociate - wrongful dissociation
1.3K chars
(1) A partner has the power to dissociate at any time, rightfully or wrongfully, by express will pursuant to section 7-64-601 (1)(a). (2) A partner's dissociation is wrongful only if: (a) It is in breach of an express provision of the partnership agreement; or (b) In the case of …
Colo. Rev. Stat. § 7-64-603 Effect of partner's dissociation
0.8K chars
(1) If a partner's dissociation results in a dissolution and winding up of the partnership business, part 8 of this article applies; otherwise, part 7 of this article applies. (2) Upon a partner's dissociation: (a) The partner's right to participate in the management and conduct …
Colo. Rev. Stat. § 7-64-701 Purchase of dissociated partner's interest
4.5K chars
(1) If a partner is dissociated from a partnership without resulting in a dissolution and winding up of the partnership business under section 7-64-801, the partnership shall cause the dissociated partner's interest in the partnership to be purchased for a buyout price determined…
Colo. Rev. Stat. § 7-64-702 Dissociated partner's power to bind and liability to partnership
0.9K chars
(1) For two years after a partner dissociates without resulting in a dissolution and winding up of the partnership business, the partnership, including a surviving partnership under part 2 of article 90 of this title, is bound by an act of the dissociated partner that would have …
Colo. Rev. Stat. § 7-64-703 Dissociated partner's liability to other persons
1.6K chars
(1) A partner's dissociation does not of itself discharge the partner's liability for a partnership obligation incurred before dissociation. A dissociated partner is not liable for a partnership obligation incurred after dissociation, except as otherwise provided in subsection (2…
Colo. Rev. Stat. § 7-64-704 Statement of dissociation
1.0K chars
(1) A dissociated partner or the partnership may deliver to the secretary of state, for filing pursuant to part 3 of article 90 of this title, a statement of dissociation stating the true name of the partnership and that the partner is dissociated from the partnership. (2) A stat…
Colo. Rev. Stat. § 7-64-705 Continued use of partnership name
0.3K chars
Continued use of a partnership name, or a dissociated partner's name as part thereof, by partners continuing the business does not of itself make the dissociated partner liable for an obligation of the partners or the partnership continuing the business. Source: L. 97: Entire art…
Colo. Rev. Stat. § 7-64-801 Events causing dissolution and winding up of partnership business
6.8K chars
(1) A partnership is dissolved, and its business shall be wound up, only upon the occurrence of any of the following events: (a) In a partnership at will, the partnership’s having notice from a partner, other than a partner who is dissociated under section 7-64-601 (1)(b) to (1)(…
Colo. Rev. Stat. § 7-64-802 Partnership continues after dissolution
1.1K chars
(1) Subject to subsection (2) of this section, a partnership continues after dissolution only for the purpose of winding up its business. The partnership is terminated when the winding up of its business is completed. (2) At any time after the dissolution of a partnership and bef…
Colo. Rev. Stat. § 7-64-803 Right to wind up partnership business
1.0K chars
(1) After dissolution, a partner who has not wrongfully dissociated may participate in winding up the partnership's business, but on application of any partner, partner's legal representative, or transferee, the district court, for good cause shown, may order judicial supervision…
Colo. Rev. Stat. § 7-64-804 Partner's power to bind partnership after dissolution
0.4K chars
(1) Subject to section 7-64-805, a partnership is bound by a partner's act after dissolution that: (a) Is appropriate for winding up the partnership business; or (b) Would have bound the partnership under section 7-64-301 before dissolution, if the other party to the transaction …
Colo. Rev. Stat. § 7-64-805 Statement of dissolution
1.8K chars
(1) After dissolution, a partner who has not wrongfully dissociated may deliver to the secretary of state, for filing pursuant to part 3 of article 90 of this title, a statement of dissolution stating the true name of the partnership, the principal office address of the principal…
Colo. Rev. Stat. § 7-64-806 Partner's liability to other partners after dissolution
0.6K chars
(1) Except as otherwise provided in subsection (2) of this section or in section 7-64-306, after dissolution a partner is liable to the other partners for the partner's share of any partnership obligation incurred under section 7-64-804. (2) A partner who, with knowledge of the d…
Colo. Rev. Stat. § 7-64-807 Settlement of accounts and contributions among partners
2.5K chars
(1) In winding up a partnership's business, the assets of the partnership, including the contributions of the partners required by this section, shall be applied to discharge or provide for partnership obligations to creditors, including, to the extent permitted by law, partners …