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C.R.S. § 7-64-806

Partner’s liability to other partners after dissolution

Known as the Colorado Uniform Partnership Act

The act spans §§ 7–7 (59 sections).

(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.

Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.