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Colorado · Through Colorado Revised Statutes 2026

C.R.S. § 7-62-602: Withdrawal of general partner.

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Where this section sits in the code
  1. Title 7 - CORPORATIONS AND ASSOCIATIONS
  2. Article 62 - Colorado Uniform Limited Partnership Act of 1981
  3. Part 6 - DISTRIBUTIONS AND WITHDRAWAL

A general partner may withdraw from a limited partnership at any time by giving written notice to the other partners, but if the withdrawal violates the partnership agreement, the limited partnership may recover from the withdrawing general partner damages for breach of the partnership agreement and offset the damages against the amount otherwise distributable to the general partner. The withdrawal of a general partner who is also a limited partner shall not constitute the withdrawal of the partner as a limited partner or affect the partner's rights as a limited partner.

Collected 2026-09-14T18:37:45Z. Source file · JSON

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