Author Joel D. Russman has drafted a comprehensive supplement for 2008 that includes additional discussion and updated law on a variety of topics, including:
- Entity names.
- Conversions and mergers of entities.
- Limitations of distributions to general partners in limited partnerships.
- Nonwaivable provisions of operating agreements of LLCs.
- Duties of members and managers in LLCs, and the new right of members to a formal accounting of the LLCs affairs.
- Powers of LLCs and rules regarding the addition of members.
- Limitations on distributions to members of LLCs.
The 2008 Supplement includes a replacement CD containing the updated version of the entire book and relevant Colorado statutes - with annotations!