Colorado Revised Statutes Title 7. Corporations and Associations § 7-62-503. Sharing of profits and losses
Current as of January 01, 2022 | Updated by FindLaw Staff
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The profits and losses of a limited partnership shall be allocated among the partners, and among classes of partners, in the manner provided in writing in the partnership agreement. If the partnership agreement does not so provide in writing, profits and losses shall be allocated on the basis of the value (as stated in the partnership records required to be kept pursuant to section 7-62-105) of the contributions made by each partner.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 7. Corporations and Associations § 7-62-503. Sharing of profits and losses - last updated January 01, 2022 | https://codes.findlaw.com/co/title-7-corporations-and-associations/co-rev-st-sect-7-62-503.html
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