Full question:
what happens if the term of a limited partnership has expired and the partnership continues to operate
- Category: Partnerships
- Subcategory: Limited
- Date:
- State: Colorado
Answer:
If a limited partnership's term has expired but it continues to operate, the partnership can be refiled, and the agreement may be amended. It’s important to review any material provisions that were triggered by the expiration or that were in effect before the expiration.
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