Colorado § 7-60-143 - Accrual of actions.
Full text of Colorado Colorado Revised Statutes § 7-60-143 — Accrual of actions., with citation guidance and answers to common questions.
§ 7-60-143. Accrual of actions.
The right to an account of the partner's interest shall accrue to any partner or any partner's legal representative, as against the winding up partners, the surviving partners, or the person or partnership continuing the business at the date of dissolution, in the absence of any agreement to the contrary.
Source: L. 31: p. 675, § 43. CSA: C. 123, § 43. CRS 53: § 104-1-43. C.R.S. 1963: § 104-1-43. L. 2004: Entire section amended, p. 1431, § 98, effective July 1.
ANNOTATION
For a withdrawing partner seeking an accounting against any partners who are winding up or continuing the business, the cause of action accrues on the date the withdrawing partner ceases to be associated with the business, resulting in dissolution of the partnership. Once the plaintiff ceased to be associated with the partnership, not only did this dissolve any still-existing partnership, it also caused the statute of limitations to begin to run on the plaintiff's own claim for an accounting. Tafoya v. Perkins, 932 P.2d 836 (Colo. App. 1996).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 7-60-143
What does Colorado Revised Statutes § 7-60-143 cover?
Section 7-60-143 ("Accrual of actions.") 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 § 7-60-143?
A common citation format is "Colorado Revised Statutes § 7-60-143" (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 § 7-60-143 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.