Colorado § 7-60-133 - General effect of dissolution.
Full text of Colorado Colorado Revised Statutes § 7-60-133 — General effect of dissolution., with citation guidance and answers to common questions.
§ 7-60-133. General effect of dissolution.
(1) Except insofar as may be necessary to wind up partnership affairs or to complete transactions begun but not then finished, dissolution terminates all authority of any partner to act for the partnership:
(a) With respect to the partners:
(I) When the dissolution is not by the act, bankruptcy, or death of a partner; or
(II) When the dissolution is by such act, bankruptcy, or death of a partner, in cases where section 7-60-134 so requires.
(b) With respect to persons not partners, as declared in section 7-60-135.
Source: L. 31: p. 663, § 33. CSA: C. 123, § 33. CRS 53: § 104-1-33. C.R.S. 1963: § 104-1-33.
Frequently Asked Questions About Colorado § 7-60-133
What does Colorado Revised Statutes § 7-60-133 cover?
Section 7-60-133 ("General effect of dissolution.") 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 § 7-60-133?
A common citation format is "Colorado Revised Statutes § 7-60-133" (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 § 7-60-133 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.