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2020 Colorado Revised Statutes
Title 7 - Corporations And Associations
Article 64. Colorado Uniform Partnership Act (1997)
Section 7-64-806. Partner's liability to other partners after dissolution.
Universal Citation: CO Rev Stat § 7-64-806 (2020)
(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 dissolution, incurs a partnership obligation under section 7-64-804 (1)(b) by an act that is not appropriate for winding up the partnership business is liable to the partnership for any damage caused to the partnership arising from the obligation.
Source: L. 97: Entire article added, p. 893, § 1, effective January 1, 1998.
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