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2020 Colorado Revised Statutes
Title 7 - Corporations And Associations
Article 62. Colorado Uniform Limited Partnership Act of 1981
Section 7-62-604. Distribution upon withdrawal.
Universal Citation: CO Rev Stat § 7-62-604 (2020)
Except as provided in this part 6, upon withdrawal, any withdrawing partner is entitled to receive any distribution to which the withdrawing partner is entitled under the partnership agreement, and, if not otherwise provided in the agreement, the withdrawing partner is entitled to receive, within a reasonable time after withdrawal, the fair value of the withdrawing partner's partnership interest in the limited partnership as of the date of withdrawal based upon the withdrawing partner's right to share in distributions from the limited partnership.
Source: L. 81: Entire article added, p. 445, § 1, effective November 1. L. 2004: Entire section amended, p. 1444, § 137, effective July 1.
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