Colorado § 7-62-305 - Information and accounting.
Full text of Colorado Colorado Revised Statutes § 7-62-305 — Information and accounting., with citation guidance and answers to common questions.
§ 7-62-305. Information and accounting.
(1) Each limited partner has the right to:
(a) Inspect and copy partnership records, as provided by section 7-62-105; and
(b) Obtain from the general partners from time to time, subject to such reasonable standards as may be stated in the partnership agreement or otherwise established by the general partners, upon reasonable demand for any purpose reasonably related to the limited partner's interest as a limited partner:
(I) True and full information regarding the state of the business and financial condition of the limited partnership and any other information regarding the affairs of the limited partnership; and
(II) Promptly after becoming available, a copy of the limited partnership's federal, state, and local income tax returns for each year; and
(c) Have a formal accounting of partnership affairs whenever circumstances render it just and reasonable.
Source: L. 81: Entire article added, p. 441, § 1, effective November 1. L. 86: (1)(a) and IP(1)(b) amended, p. 454, § 18, effective July 1. L. 2003: IP(1)(b) amended, p. 2246, § 136, effective July 1, 2004.
ANNOTATION
Law reviews. For article, "Significant Improvements to Colorado's Limited Partnership Act Adopted", see 15 Colo. Law. 1635 (1986).
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 7-62-305
What does Colorado Revised Statutes § 7-62-305 cover?
Section 7-62-305 ("Information and accounting.") 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 § 7-62-305?
A common citation format is "Colorado Revised Statutes § 7-62-305" (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 § 7-62-305 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.