Power to become partner

15-1-701. Power to become partner. Subject to the terms of the partnership agreement, if permitted by the trust instrument or will under which the fiduciary serves or by order of a court having jurisdiction of the estate or trust, a fiduciary may enter into a partnership agreement and accept the assignment of or otherwise acquire, hold, and dispose of an interest in a partnership and in so doing may become either a general or a limited partner. Source: L. 63: p. 496, � 1. C.R.S. 1963: � 57-7-1. L. 2002: Entire section amended, p. 650, � 2, effective July 1.