Colorado Revised Statutes
Colo. Rev. Stat. § 7-60-130 (2026)
Dissolution is not termination
✓ current as of July 2026
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On dissolution the partnership is not terminated but continues until the winding up of partnership affairs is completed.
Source: L. 31: p. 660, § 30. CSA: C. 123, § 30. CRS 53: § 104-1-30. C.R.S. 1963: § 104-1-30.
Notes of Decisions
Cited in 3
cases, 1987–1998 · leading case: Turkey Creek, LLC v. Rosania, 953 P.2d 1306 (Colo. Ct. App. 1998).
Turkey Creek, LLC v. Rosania, 953 P.2d 1306 (Colo. Ct. App. 1998). “Section 7-60-130, C.R.S. 1997 (dissolution is not termination).”
Hooper v. Yoder, 737 P.2d 852 (Colo. 1987). “The dissolution of a partnership, however, does not automatically terminate the existence of the partnership.”
Tucker v. Ellbogen, 793 P.2d 592 (Colo. Ct. App. 1989). “Fial, supra; § 7-60-130, C.R.S. (1986 Repl.Vol. 3A). In the absence of an agreement to the contrary, each partner is entitled to have equal rights in the management and conduct of the partnership business.”
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