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This entry was published on 2014-09-22
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SECTION 121-106
Records
Partnership (PTR) CHAPTER 39, ARTICLE 8-A
§ 121-106. Records. (a) Each domestic limited partnership shall
maintain the following records, which may, but need not, be maintained
in this state:

(1) a current list of the full name and last known mailing address of
each partner set forth in alphabetical order together with the
contribution and the share in profits and losses of each partner or
information from which such share can be readily derived;

(2) a copy of the certificate of limited partnership and all
amendments thereto, together with executed copies of any powers of
attorney pursuant to which any certificate or amendment has been
executed;

(3) a copy of the partnership agreement, any amendments thereto and
any amended and restated partnership agreements; and

(4) a copy of the limited partnership's federal, state, and local
income tax or information returns and reports, if any, for the three
most recent fiscal years.

(b) Any partner may, subject to reasonable standards as may be set
forth in the partnership agreement or otherwise established by the
general partners, inspect and copy at his own expense for any purpose
reasonably related to the partner's interest as a partner the records
referred to in subdivision (a) of this section, any financial statements
maintained by the limited partnership for the three most recent fiscal
years and other information regarding the affairs of the limited
partnership as is just and reasonable.