Death of limited partner

7-61-122. Death of limited partner. (1) On the death of a limited partner, the deceased limited partner's executor or administrator shall have all the rights of a limited partner for the purpose of settling the deceased limited partner's estate and such power as the deceased limited partner had to constitute the deceased limited partner's assignee a substituted limited partner. (2) The estate of a deceased limited partner shall be liable for all of the liabilities of the deceased limited partner as a limited partner. Source: L. 31: p. 638, � 21. CSA: C. 123, � 64. CRS 53: � 104-2-21. C.R.S. 1963: � 104-2-21. L. 2004: Entire section amended, p. 1439, � 120, effective July 1.