West Virginia Statutes

§ 47B-1-3 — Effect of partnership agreement; nonwaivable provisions

West Virginia·Ch. 47B UNIFORM PARTNERSHIP ACT·Art. 1 GENERAL PROVISIONS
(a)Except as otherwise provided in subsection (b) of this section, relations among the partners and between the partners and the partnership are governed by the partnership agreement. To the extent the partnership agreement does not otherwise provide, this chapter governs relations among the partners and between the partners and the partnership.
(b)The partnership agreement may not:
(1)Vary the rights and duties under section five, article one of this chapter except to eliminate the duty to provide copies of statements to all of the partners;
(2)Unreasonably restrict the right of access to books and records under subsection (b), section three, article four of this chapter;
(3)Eliminate the duty of loyalty under subsection (b), section four, article four, or subdivision (3), subsec

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Legislative History

1995 Reg. Sess., HB2226

Nearby Sections

15
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