Information

SDCL § 48-7-305 — under UNIFORM LIMITED PARTNERSHIP ACT.

SDCL § 48-7-305

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. Source: SL 1986, ch 391 , § 305.