Current through 2023-2024 Legislative Session Chapter 709
Section 14-9A-42 - Rights(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.