Ky. Rev. Stat. § 362.441

Current through 2024 Ky. Acts ch. 225

Section 362.441 - Limited partner's right to information

Each limited partner may:

(1) Inspect and copy any of the partnership records required to be maintained by KRS 362.409; and

(2) Obtain from the general partners from time to time, upon reasonable demand, and subject to such reasonable standards as may be set forth in the partnership agreement, or otherwise established by the general partners, and for any purpose reasonably related to the limited partner's interest as a limited partner:

(a) True and full information regarding the state of the business and financial condition of the limited partnership;

(b) Promptly after becoming available, copies of the limited partnership's federal, state, and local income tax returns for each year; and

(c) Such other information regarding the affairs of the limited partnership as is just and reasonable.

KRS 362.441

Effective:6/26/2007
Repeal the prior repeal contained in 2006, Ky. Acts ch. 149, sec. 239, which was to have been effective 1/1/2008, 2007, Ky. Acts ch. 137, sec. 180, effective6/26/2007. -- Repealed 2006, Ky. Acts ch. 149, sec. 239, effective 1/1/2008. -- Created 1988 Ky. Acts ch. 284, sec. 21, effective 7/15/1988.