§ 45-16-03 — (403) Partner's rights and duties with respect to information

North Dakota § 45-16-03

• Jurisdiction: North Dakota
• Title 45: Partnerships
• Ch. 45-16: Relations of Partners to Each Other and to Partnership

Text

1. A partnership shall keep its books and records, if any, at its chief executive office.
2. A partnership shall provide partners and their agents and attorneys access to its books
and records. It shall provide former partners and their agents and attorneys access to
books and records pertaining to the period during which they were partners. The right
of access provides the opportunity to inspect and copy books and records during
ordinary business hours. A partnership may impose a reasonable charge, covering the
costs of labor and material, for copies of documents furnished.
3. Each partner and the partnership shall furnish to a partner, and to the legal
representative of a deceased partner or partner under legal disability:
a. Without demand, any information concerning the partnership's business and
affairs reasonably required for the proper exercise of the partner's rights and
duties under the partnership agreement or chapters 45-13 through 45-21; and
b. On demand, any other information concerning the partnership's business and
affairs, except to the extent the demand or the information demanded is
unreasonable or otherwise improper under the circumstances.