§ 7-62-105 — Records

(1) Each limited partnership shall keep at an office
stated in the manner provided in the partnership agreement or, if no such provision
is made, at the street address of the principal office, if any, of the limited
partnership or, if none, at the street address of the registered agent, the following:

(a) A current list of the full name and last-known business, residence, or
mailing address of each partner, stating separately the general partners and the
limited partners, stated in alphabetical order;

(b) A copy of the certificate of limited partnership and all certificates of
amendment thereto, together with executed copies of any powers of attorney
pursuant to which any certificate has been executed or delivered to the secretary
of state for filing;

(c) Copies of the limited partnership's federal, state, and local income tax
returns and reports, if any, for the three most recent years;

(d) Copies of any currently effective written partnership agreements, copies
of any writings permitted or required under section 7-62-502 (2) and (3), and copies
of any financial statements of the limited partnership for the three most recent
years; and

(e) Unless contained in a written partnership agreement or in a writing
permitted or required under section 7-62-502 (2) and (3), a statement prepared and
certified as accurate by the general partners which describes:

(I) The amount of cash and a description and statement of the agreed value
of the other property or services contributed by each partner and which each
partner has agreed to contribute in the future;

(II) The times at which or events on the happening of which any additional
contributions agreed to be made by each partner are to be made;

(III) If agreed upon, the time at which or the events on the happening of
which a partner may terminate the partner's membership in the limited partnership
and the amount of, or the method of determining, the distribution to which the
partner may be entitled respecting the partner's partnership interest and the terms
and conditions of the termination and distribution;

(IV) Any right of a partner to receive, or of a general partner to make,
distributions to a partner which include a return of all or any part of the partner's
contribution.

(2) Such records are subject to inspection and copying at the reasonable
request, and at the expense, of any partner during ordinary business hours.

Legislative History

Source: L. 81: Entire article added, p. 435, � 1, effective November 1. L. 86: IP(1), (1)(a), (1)(c), and (1)(d) amended and (1)(e) added, p. 449, � 4, effective July 1. L. 2003: IP(1), (1)(a), and (1)(b) amended, p. 2241, � 125, effective July 1, 2004. L. 2004: (1)(a) and (1)(e)(III) amended, p. 1440, � 124, effective July 1.