Rights of a limited partner.

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(1) 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 partnershipand at all times to inspect and copy any of them;

  2. Have on demand true and full information of all things affecting the partnership anda 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 the limited partner's contribution as provided in sections 7-61-116 and 7-61-117.

Source: L. 31: p. 631, § 10. CSA: C. 123, § 53. CRS 53: § 104-2-10. C.R.S. 1963: § 104-2-10. L. 2004: (2) amended, p. 1437, § 113, effective July 1.


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