South Dakota Statutes

§ 48-7-305 — Information.

South Dakota·Title 48 PARTNERSHIPS·Ch. 48-7 UNIFORM LIMITED PARTNERSHIP ACT

Each limited partner has the right to:

(1)Inspect and copy any of the partnership records required to be maintained by § 48-7-105 ; and (2) Obtain from the general partners from time to time upon reasonable demand:
(a)True and full information regarding the state of the business and financial condition of the limited partnership;
(b)Promptly after becoming available, a copy of the limited partnership's federal, state, and local income tax returns for each year; and (c) Other information regarding the affairs of the limited partnership as is just and reasonable.

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Legislative History

SL 1986, ch 391, § 305.

Nearby Sections

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