Colorado Legislative Council Staff
NO FISCAL IMPACT
January 18, 1999
House Business Affairs
Scott Nachtrieb (303-866-4752)
TITLE: CONCERNING PRESUMPTIONS RELATED TO CERTIFICATES OF LIMITED PARTNERSHIP.
Summary of Assessment
The bill would define the relationship between persons forming and acting as a limited partnership and any third party if the documentation has not been filed forming the limited partnership. The bill would become effective upon the Governor's signature.
The bill governs the legal responsiblities between persons acting as a limited partnership, but without filing the legal documents, and does not impact state or local government revenues or expenditures. Therefore, this bill is assessed as having no fiscal impact.
Secretary of State