Colorado § 7-61-127 - Parties to actions.
Full text of Colorado Colorado Revised Statutes § 7-61-127 — Parties to actions., with citation guidance and answers to common questions.
§ 7-61-127. Parties to actions.
A contributor, unless the contributor is a general partner, is not a proper party to proceedings by or against a partnership except where the object is to enforce a limited partner's right against or liability to the partnership.
Source: L. 31: p. 642, § 26. CSA: C. 123, § 69. CRS 53: § 104-2-26. C.R.S. 1963: § 104-2-26. L. 2004: Entire section amended, p. 1439, § 122, effective July 1.
ANNOTATION
Derivative action under the common law. Under the common law, a limited partner may bring a derivative action against the general partners for breach of fiduciary duty in the management of the affairs of the partnership if the general partners refuse to or are unable to bring such an action, and this section does not prevent such an action. Moore v. 1600 Downing St., Ltd., 668 P.2d 16 (Colo. App. 1983).
Determining federal diversity jurisdiction. A limited partnership is basically an association of individuals, and the uniform act has no effect on the determination of federal diversity jurisdiction. The question of federal jurisdiction cannot be decided according to what various states determine the state substantive law should be. Grynberg v. B.B.L. Assocs., 436 F. Supp. 564 (D. Colo. 1977).
Applied in Frazier v. Carlin, 42 Colo. App. 226, 591 P.2d 1348 (1979).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 7-61-127
What does Colorado Revised Statutes § 7-61-127 cover?
Section 7-61-127 ("Parties to 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 § 7-61-127?
A common citation format is "Colorado Revised Statutes § 7-61-127" (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 § 7-61-127 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.