99 - Rights of a limited partner.

§  99.  Rights of a limited partner.  (1) A limited partner shall have  the same rights as a general partner to    (a) 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.    (b) 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    (c) Have dissolution and winding up by decree of court.    (2) 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  sections  one  hundred  and four and one  hundred and five of this article.    (3) When the limited partnership is qualified as an investment company  under the Investment Company Act of 1940, the limited partner shall have  the right to vote: (a) in the election of directors or trustees  of  the  investment  company;  (b) to approve or terminate investment advisory or  underwriting contracts; (c) for approval of auditors; and (d) any  other  matters  that the Investment Company Act of 1940 requires to be approved  by the holders of beneficial interests in the investment company.