GEORGIA CODE (Last Updated: August 20, 2013) |
Title 14. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS |
Chapter 9A. LIMITED PARTNERSHIPS |
Article 1. LIMITED PARTNERSHIPS FORMED SINCE FEBRUARY 15, 1952 |
Part 3. LIMITED PARTNERS |
Section 14-9A-42. Rights
Latest version.
- (a) A limited partner shall have the same rights as a general partner to:
(1) 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;
(2) 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
(3) Have dissolution and winding up by decree of court.
(b) 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 Code Sections 14-9A-46 and 14-9A-47.
Ga. L. 1952, p. 375, § 10; Code 1981, § 14-9-42; Code 1981, § 14-9A-42, as redesignated by Ga. L. 1988, p. 1016, § 1.