Colo. Rev. Stat. § 7-62-503
Sharing of profits and losses
Colorado · Colorado Revised Statutes Title 7 — Corporations and Associations · Status: effective
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- Citation
- Colo. Rev. Stat. § 7-62-503, Sharing of profits and losses, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2285249
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Full text
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.