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Colo. Rev. Stat. § 7-62-705

Deceased or incompetent individual partners - dissolved or terminated corporate partners

Colorado · Colorado Revised Statutes Title 7 — Corporations and Associations · Status: effective

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Colo. Rev. Stat. § 7-62-705, Deceased or incompetent individual partners - dissolved or terminated corporate partners, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2285265
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(1) If a partner who is an individual dies or a court of competent jurisdiction appoints a guardian or general conservator for the partner, the partner's executor, administrator, guardian, conservator, or other legal representative may exercise all of the partner's rights for the purpose of settling the partner's estate or administering the partner's property, including any power the partner had to give an assignee the right to become a limited partner. (2) If a partner is a corporation, trust, or other entity and is dissolved or terminated, the powers of that partner may be exercised by its legal representative or successor.