Title 07 · CRS Title 07

Effect of retirement, death, or insanity of a general partner

Citation: C.R.S. § 7-61-121

Section: 7-61-121

7-61-121. Effect of retirement, death, or insanity of a general partner. (1) The retirement, death, or insanity of a general partner dissolves the partnership unless the business is continued by the remaining general partners: (a) Under a right to do so as stated in the certificate; or (b) With the consent of all members. Source: L. 31: p. 638, � 20. CSA: C. 123, � 63. CRS 53: � 104-2-20. C.R.S. 1963: � 104-2-20.