§ 500-304A. Right of limited partner and former limited partner to information
Oklahoma Statutes AnnotatedTitle 54. Partnership
54 Okl.St.Ann. § 500-304A
§ 500-304A. Right of limited partner and former limited partner to information
RIGHT OF LIMITED PARTNER AND FORMER LIMITED PARTNER TO INFORMATION.
(a) On ten (10) days' demand, made in a record received by the limited partnership, a limited partner may inspect and copy required information during regular business hours in the limited partnership's designated office. The limited partner need not have any particular purpose for seeking the information.
(b) During regular business hours and at a reasonable location specified by the limited partnership, a limited partner may obtain from the limited partnership and inspect and copy true and full information regarding the state of the activities and financial condition of the limited partnership and other information regarding the activities of the limited partnership as is just and reasonable if:
(i) Whenever the Uniform Limited Partnership Act of 2010 or a partnership agreement provides for a limited partner to give or withhold consent to a matter, before the consent is given or withheld, the limited partnership shall, without demand, provide the limited partner with all information material to the limited partner's decision that the limited partnership knows.
(j) A limited partner or person dissociated as a limited partner may exercise the rights under this section through an attorney or other agent. Any restriction imposed under subsection (g) of this section or by the partnership agreement applies both to the attorney or other agent and to the limited partner or person dissociated as a limited partner.
Credits
Laws 2010, c. 384, § 32, eff. Jan. 1, 2011.
54 Okl. St. Ann. § 500-304A, OK ST T. 54 § 500-304A
Current with emergency effective legislation through Chapter 295 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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