New Jersey Statutes 42:2A-29. Right to information
Terms Used In New Jersey Statutes 42:2A-29
- Limited partner: means a person who has been admitted to a limited partnership as a limited partner in accordance with the partnership agreement. See New Jersey Statutes 42:2A-5
- Partner: means a limited or general partner. See New Jersey Statutes 42:2A-5
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- State: means a state, territory, or possession of the United States, the District of Columbia, or the Commonwealth of Puerto Rico. See New Jersey Statutes 42:2A-5
a. Inspect and copy any of the partnership records required to be maintained by section 9 of P.L 1983, c. 489 (C. 42:2A-9);
b. Obtain from the general partners from time to time upon reasonable demand true and full information regarding the state of the business and financial condition of the limited partnership;
c. Receive promptly after becoming available, a copy of the limited partnership’s federal, State and local income tax returns for each year; and
d. Other information regarding the affairs of the limited partnership as is just and reasonable.
Upon the reasonable request of any partner, the records set forth in this section shall be subject to inspection and copying at a reasonable cost by any partner during ordinary business hours.
L. 1983, c. 489, s. 28; amended 1984, c.245,s.8; 1988,c.130,s.16.