| | | C.__The information sought is directly connected to the | | limited partner's purpose. |
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| | | 3.__Response to demand for information about activities and | | financial condition.__Within 10 days after receiving a demand | | pursuant to subsection 2, the limited partnership in a record | | shall inform the limited partner that made the demand: |
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| | | A.__What information the limited partnership will provide in | | response to the demand; |
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| | | B.__When and where the limited partnership will provide the | | information; and |
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| | | C.__If the limited partnership declines to provide any | | demanded information, the limited partnership's reasons for | | declining. |
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| | | 4.__Right of dissociated limited partner.__Subject to | | subsection 6, a person dissociated as a limited partner may | | inspect and copy required information during regular business | | hours in the limited partnership's designated office if: |
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| | | A.__The information pertains to the period during which the | | person was a limited partner; |
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| | | B.__The person seeks the information in good faith; and |
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| | | C.__The person meets the requirements of subsection 2. |
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| | | 5.__Response to demand by dissociated limited partner.__The | | limited partnership shall respond to a demand made pursuant to | | subsection 4 in the same manner as provided in subsection 3. |
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| | | 6.__Death of limited partner.__If a limited partner dies, | | section 1384 applies. |
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| | | 7.__Reasonable restrictions on use of information.__The | | limited partnership may impose reasonable restrictions on the use | | of information obtained under this section. In a dispute | | concerning the reasonableness of a restriction under this | | subsection, the limited partnership has the burden of proving | | reasonableness. |
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| | | 8.__Reasonable costs of copying.__A limited partnership may | | charge a person that makes a demand under this section reasonable | | costs of copying, limited to the costs of labor and material. |
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| | | 9.__Information provided without demand.__Whenever this | | chapter or a partnership agreement provides for a limited partner |
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