§ 23-16-2-6 — Records to be kept

Indiana § 23-16-2-6

• Jurisdiction: Indiana
• Title 23: BUSINESS AND OTHER ASSOCIATIONS
• Art. 16: LIMITED PARTNERSHIPS
• Ch. 2: General Provisions

Text

(a) Each limited partnership shall keep at the
office required under section 3(a) of this chapter (before its repeal) or
IC 23-0.5-4 the following:
(1) A current list of the full name and last known mailing address
of each partner (specifying separately the general partners and the
limited partners) in alphabetical order.
(2) 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.
(3) Copies of the limited partnership's federal, state, and local
income tax returns and reports, if any, for the three (3) most
recent years.
(4) Copies of the partnership agreement, any amendments to the
partnership agreement, any amended and restated partnership
agreements, and any financial statements of the limited
partnership for the three (3) most recent years.
(5) Unless contained in a partnership agreement:
(A) the amount of cash and a description and statement of the
value of the other property or services contributed by each
partner and which each partner has agreed to contribute;
(B) 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;
(C) 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; and
(D) any events upon the happening of which the limited
partnership is to be dissolved and its affairs wound up.
(b) Records kept under this section are subject to inspection and
copying at the reasonable request, and at the expense, of any partner
during ordinary business hours.

Legislative History

As added by P.L.147-1988, SEC.1. Amended by P.L.118-2017, SEC.62.