Concerning laws governing partnerships codified in title 7 of the Colorado Revised Statutes.
2016 Regular Session
Financial Services & Commerce
Sections 1 and 2 of the act limit the applicability of the statute of frauds, which requires certain contracts to be written to be enforceable, to partnership agreements. Section 3 specifies which of several potentially applicable laws govern limited partnerships.
(Note: This summary applies to this bill as enacted.)