Colorado § 7-61-125 - When certificate shall be canceled or amended.
Full text of Colorado Colorado Revised Statutes § 7-61-125 — When certificate shall be canceled or amended., with citation guidance and answers to common questions.
§ 7-61-125. When certificate shall be canceled or amended.
(1) The certificate shall be canceled when the partnership is dissolved or all limited partners cease to be such.
(2) A certificate shall be amended when:
(a) There is a change in the name of the partnership or in the amount or character of the contribution of any limited partner;
(b) A person is substituted as a limited partner;
(c) An additional limited partner is admitted;
(d) A person is admitted as a general partner;
(e) A general partner retires, dies, or is unable to function as a general partner as a result of a mental health disorder and the business is continued under section 7-61-121;
(f) There is a change in the character of the business of the partnership;
(g) There is a false or erroneous statement in the certificate;
(h) There is a change in the time as stated in the certificate for the dissolution of the partnership or for the return of a contribution;
(i) A time is fixed for the dissolution of the partnership or the return of a contribution, no time having been stated in the certificate; or
(j) The members desire to make a change in any other statement in the certificate in order that it shall accurately represent the agreement between them.
Source: L. 31: p. 640, § 24. CSA: C. 123, § 67. CRS 53: § 104-2-24. C.R.S. 1963: § 104-2-24. L. 2003: (2)(i) amended, p. 2240, § 120, effective July 1, 2004. L. 2017: (2)(e) amended, (SB 17-242), ch. 263, p. 1263, § 32, effective May 25.
Cross references: For the legislative declaration in SB 17-242, see section 1 of chapter 263, Session Laws of Colorado 2017.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 7-61-125
What does Colorado Revised Statutes § 7-61-125 cover?
Section 7-61-125 ("When certificate shall be canceled or amended.") 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 § 7-61-125?
A common citation format is "Colorado Revised Statutes § 7-61-125" (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 § 7-61-125 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
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