- (1) On due application to a court of competent jurisdiction by any creditor of a limited partner, the court may charge the interest of the indebted limited partner with payment of the unsatisfied amount of such claim and may appoint a receiver and make all other orders, directions, and inquiries which the circumstances of the case may require.
- (2) The interest may be redeemed with the separate property of any general partner but may not be redeemed with partnership property.
- (3) The remedies conferred by subsection (1) of this section shall not be deemed exclusive of others which may exist.
- (4) Nothing in this article shall be held to deprive a limited partner of the limited partner's statutory exemption.
Source: L. 31: p. 638, § 22. CSA: C. 123, § 65. CRS 53: § 104-2-22. C.R.S. 1963: § 104-2-22. L. 2004: (4) amended, p. 1439, § 121, effective July 1.