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Section 7-61-108 - Limited partner not liable to creditors - when — Colorado Law | CourtGPT
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  7. Section 7-61-108 - Limited partner not liable to creditors - when
Colorado Legal Code

Section 7-61-108 - Limited partner not liable to creditors - when

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A limited partner shall not become liable as a general partner unless, in addition to the exercise of the limited partner's rights and powers as a limited partner, the limited partner takes part in the control of the business.L. 31: p. 629, § 7. CSA: C. 123, § 50. CRS 53: § 104-2-7. C.R.S. 1963: § 104-2-7. L. 2004: Entire section amended, p. 1436, § 112, effective July 1.