Colorado § 7-60-126 - Nature of partner's interest.
Full text of Colorado Colorado Revised Statutes § 7-60-126 — Nature of partner's interest., with citation guidance and answers to common questions.
§ 7-60-126. Nature of partner's interest.
A partner's interest in the partnership is the partner's share of the profits and surplus, and the same is personal property.
Source: L. 31: p. 659, § 26. CSA: C. 123, § 26. CRS 53: § 104-1-26. C.R.S. 1963: § 104-1-26. L. 2004: Entire section amended, p. 1426, § 85, effective July 1.
ANNOTATION
Law reviews. For article, "Financing Real Estate Developments", see 11 Colo. Law. 2093 (1982). For article, "Campbell: A Caveat for Service Partners", see 20 Colo. Law. 75 (1991).
Where the partner's interest in the partnership is deemed personalty and consists of a proportionate share of the partnership's profits and surplus, the court cannot order a division of specific partnership interest to a non-partner spouse if there are other partners in the venture besides the other spouse. In re Paul, 821 P.2d 925 (Colo. App. 1991).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 7-60-126
What does Colorado Revised Statutes § 7-60-126 cover?
Section 7-60-126 ("Nature of partner's interest.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 7-60-126?
A common citation format is "Colorado Revised Statutes § 7-60-126" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 7-60-126 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.