Georgia § 14-9a-42 Rights

Georgia Statutes

§ 14-9a-42 — Rights

Georgia § 14-9a-42

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Bluebook

O.C.G.A. § 14-9a-42 (2026).

Text

(a)A limited partner shall have the same rights as a general partner to:

(1)Have the partnership books kept at the principal place of business of the partnership and at all times to inspect and copy any of them;

(2)Have on demand true and full information of all things affecting the partnership and a formal account of partnership affairs whenever circumstances render it just and reasonable; and (3) Have dissolution and winding up by decree of court.

(b)A limited partner shall have the right to receive a share of the profits or other compensation by way of income and to the return of his contribution as provided in Code Sections 14-9A-46 and 14-9A-47 .

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(a) A limited partner shall have the same rights as a general partner to: (1) Have the partnership books kept at the principal place of business of the partnership and at all times to inspect and copy any of them; (2) Have on demand true and full information of all things affecting the partnership and a formal account of partnership affairs whenever circumstances render it just and reasonable; and (3) Have dissolution and winding up by decree of court. (b) A limited partner shall have the right to receive a share of the profits or other compensation by way of income and to the return of his contribution as provided in Code Sections 14-9A-46 and 14-9A-47 .