Rights

  1. Law
  2. Georgia Code
  3. Corporations, Partnerships, and Associations
  4. Limited Partnerships
  5. Limited Partnerships Formed Since February 15, 1952
  6. Limited Partners
  7. Rights

Checkout our iOS App for a better way to browser and research.

  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 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.
  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 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.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 59A Am. Jur. 2d, Partnership, §§ 820 et seq., 829 et seq., 846 et seq.

C.J.S.

- 68 C.J.S., Partnership, § 582 et seq.

U.L.A.

- Uniform Limited Partnership Act (U.L.A.) § 10.

ALR.

- Right of limited partner to maintain derivative action on behalf of partnership, 26 A.L.R.4th 264.


Download our app to see the most-to-date content.