{"data":{"id":"us-co/c.r.s.-7-64-306","jurisdiction":"us-co","citation":"C.R.S. § 7-64-306","heading":"Partner's liability.","body":"(1) Except as otherwise provided in this section, all partners are liable jointly and severally for all partnership obligations unless otherwise agreed by the claimant or provided by law.\n\n(2) A person admitted as a partner into an existing partnership is not personally liable for any partnership obligations incurred before the person's admission as a partner.\n\n(3) Except as otherwise provided in a written partnership agreement, a person is not, solely by reason of being a partner, liable, directly or indirectly, including by way of indemnification, contribution, assessment, or otherwise, for partnership obligations which are incurred, created, or assumed by the partnership while the partnership is a limited liability partnership.\n\n(4) A partner in a limited liability partnership does not become liable, directly or indirectly, for partnership obligations incurred, created, or assumed while the partnership was a limited liability partnership merely because the partnership ceases to be a limited liability partnership.","path":["Title 7 - CORPORATIONS AND ASSOCIATIONS","Article 64 - Colorado Uniform Partnership Act (1997)","Part 3 - RELATIONS OF PARTNERS TO PERSONS DEALING WITH PARTNERSHIP"],"source_url":"https://olls.info/crs/crs2026-title-07.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"d2ea04c131790e3c18b8ac0e8d81930fbad6216acc039afa63ab87511e300704","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-7-64-305","next":"us-co/c.r.s.-7-64-307"},"notice":"GroundRules: Original legal text. Not legal advice."}