Title 07 · CRS Title 07

Compensation of limited partner

Citation: C.R.S. § 7-61-116

Section: 7-61-116

7-61-116. Compensation of limited partner. A limited partner may receive from the partnership the share of the profits or the compensation by way of income stipulated for in the certificate, if after such payment is made, whether from the property of the partnership or that of a general partner, the partnership assets are in excess of all liabilities of the partnership except liabilities to limited partners on account of their contributions and to general partners. Source: L. 31: p. 633, � 15. CSA: C. 123, � 58. CRS 53: � 104-2-15. C.R.S. 1963: � 104-2-15.