{"data":{"id":"us-co/c.r.s.-7-64-803","jurisdiction":"us-co","citation":"C.R.S. § 7-64-803","heading":"Right to wind up partnership business.","body":"(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 of the winding up.\n\n(2) The legal representative of the last surviving partner may wind up a partnership's business.\n\n(3) A person winding up a partnership's business may preserve the partnership business or property as a going concern for a reasonable time, prosecute and defend actions and proceedings, whether civil, criminal, or administrative, settle disputes, settle and close the partnership's business, dispose of and transfer the partnership's property, discharge or provide for the partnership obligations, distribute the assets of the partnership pursuant to section 7-64-807, and perform other necessary acts.","path":["Title 7 - CORPORATIONS AND ASSOCIATIONS","Article 64 - Colorado Uniform Partnership Act (1997)","Part 8 - WINDING UP PARTNERSHIP BUSINESS"],"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":"c9397d9017f69d2d79a41ebb55973d0479f3c19fc3a217c90fc3e230ad9ae4ae","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-7-64-802","next":"us-co/c.r.s.-7-64-804"},"notice":"GroundRules: Original legal text. Not legal advice."}