C.R.S. § 7-61-125

7-61-125. When certificate shall be canceled or amended

Year: 2026Length: 217 wordsSubsections: 10Official source
7-61-125. When certificate shall be canceled or amended. (1) The certificate shall be canceled when the partnership is dissolved or all limited partners cease to be such. (2) A certificate shall be amended when: (a) There is a change in the name of the partnership or in the amount or character of the contribution of any limited partner; (b) A person is substituted as a limited partner; (c) An additional limited partner is admitted; (d) A person is admitted as a general partner; (e) A general partner retires, dies, or is unable to function as a general partner as a result of a mental health disorder and the business is continued under section 7-61-121; (f) There is a change in the character of the business of the partnership; (g) There is a false or erroneous statement in the certificate; (h) There is a change in the time as stated in the certificate for the dissolution of the partnership or for the return of a contribution; (i) A time is fixed for the dissolution of the partnership or the return of a contribution, no time having been stated in the certificate; or (j) The members desire to make a change in any other statement in the certificate in order that it shall accurately represent the agreement between them.
C.R.S. § 7-61-125: 7-61-125. When certificate shall be canceled or amended | Justis AI