Colo. Rev. Stat. § 15-1-701
Power to become partner
Colorado · Colorado Revised Statutes Title 15 — Probate, Trusts, and Fiduciaries · Status: effective
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- Citation
- Colo. Rev. Stat. § 15-1-701, Power to become partner, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2293496
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Full text
Subject to the terms of the partnership agreement, if permitted by the trust instrument or will under which the fiduciary serves or by order of a court having jurisdiction of the estate or trust, a fiduciary may enter into a partnership agreement and accept the assignment of or otherwise acquire, hold, and dispose of an interest in a partnership and in so doing may become either a general or a limited partner.