Sec. 34-337. Rights and duties of a partner with respect to information.
Sec. 34-337. Rights and duties of a partner with respect to information. (a) A
partnership shall keep its books and records, if any, at its chief executive office.
(b) 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.
(c) Each partner and the partnership shall furnish to a partner, and to the legal representative of a deceased partner or partner under legal disability: (1) 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 sections 34-300 to 34-399, inclusive; and (2) 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.
(P.A. 95-341, S. 23, 58.)
History: P.A. 95-341 effective July 1, 1997.