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New Jersey Statutes - Title 42 Partnerships and Partnership Associations - 42:2A-29 Right to information

Legal Research Home > New Jersey Laws > Partnerships and Partnership Associations > New Jersey Statutes - Title 42 Partnerships and Partnership Associations - 42:2A-29 Right to information

42:2A-29. Right to information
Right to information. A limited partner has the right to:

a. Inspect and copy any of the partnership records required to be maintained by section 9 of P.L 1983, c. 489 (C. 42:2A-9);

b. Obtain from the general partners from time to time upon reasonable demand true and full information regarding the state of the business and financial condition of the limited partnership;

c. Receive promptly after becoming available, a copy of the limited partnership's federal, State and local income tax returns for each year; and

d. Other information regarding the affairs of the limited partnership as is just and reasonable.

Upon the reasonable request of any partner, the records set forth in this section shall be subject to inspection and copying at a reasonable cost by any partner during ordinary business hours.

L. 1983, c. 489, s. 28; amended 1984, c.245,s.8; 1988,c.130,s.16.

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Last modified: February 14, 2012