| | |
may have access to the information and records described in | | subsection 1 at the location specified in subsection 1 if: |
|
| | | A.__The information or record pertains to the period during | | which the person was a general partner; |
|
| | | B.__The person seeks the information or record in good | | faith; and |
|
| | | C.__The person satisfies the requirements imposed on a | | limited partner by section 1344, subsection 2. |
|
| | | 4.__Response to demand.__The limited partnership shall respond | | to a demand made pursuant to subsection 3 in the same manner as | | provided in section 1344, subsection 3. |
|
| | | 5.__Death of general partner.__If a general partner dies, | | section 1384 applies. |
|
| | | 6.__Reasonable restrictions on use of information.__The | | limited partnership may impose reasonable restrictions on the use | | of information under this section. In any dispute concerning the | | reasonableness of a restriction under this subsection, the | | limited partnership has the burden of proving reasonableness. |
|
| | | 7.__Reasonable costs of copying.__A limited partnership may | | charge a person dissociated as a general partner that makes a | | demand under this section reasonable costs of copying, limited to | | the costs of labor and material. |
|
| | | 8.__Exercise of rights.__A general partner or person | | dissociated as a general partner may exercise the rights under | | this section through an attorney or other agent. Any restriction | | imposed under subsection 6 or by the partnership agreement | | applies both to the attorney or other agent and to the general | | partner or person dissociated as a general partner. |
|
| | | 9.__Transferee; individual under legal disability.__The rights | | under this section do not extend to a person as transferee, but | | the rights under subsection 3 of a person dissociated as a | | general partner may be exercised by the legal representative of | | an individual who dissociated as a general partner under section | | 1373, subsection 7, paragraph B or C. |
|
| | | §1358.__General standards of general partner's conduct |
|
| | | 1.__Fiduciary duties.__The only fiduciary duties that a | | general partner has to the limited partnership and the other | | partners are the duties of loyalty and care under subsections 2 | | and 3. |
|
|