Pursuant to section 7-90-102 of the Colorado Revised Statutes (enacted pursuant to House Bill 07-1135), a limited partnership formed on or after July 27, 2009, will be a reporting entity. The limited partnership will be required to file an annual report. The limited partnership will be able to obtain a certificate of good standing and will not be required to renew its trade names as long as the limited partnership remains in good standing.

A limited partnership formed prior to July 27, 2009, will have the option to elect to be a reporting entity. To become a reporting entity, the limited partnership must file a Statement of Election to Be a Reporting Entity. The Statement of Election to Be a Reporting Entity must be filed online; paper forms will not be accepted. Instructions for filing online can be found at www.sos.state.co.us/pubs/business/filing_instructions.htm.

Published June 5, 2009 at 4:30 PM