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Current as of January 01, 2022 | Updated by FindLaw Staff
(1) The surname of a limited partner shall not appear in the partnership name, unless:
(a) It is also the surname of a general partner; or
(b) Prior to the time when the limited partner became such, the business had been carried on under a name in which the limited partner's surname appeared.
(2) A limited partner whose name appears in a partnership name contrary to the provisions of subsection (1) of this section is liable as a general partner to partnership creditors who extend credit to the partnership without actual knowledge that the limited partner is not a general partner.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 7. Corporations and Associations § 7-61-106. Name not to contain surname of limited partner--exceptions - last updated January 01, 2022 | https://codes.findlaw.com/co/title-7-corporations-and-associations/co-rev-st-sect-7-61-106/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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