56a-403. Partner's rights and duties with respect to information. (a) A partnership shall keep its books and records, if any, at its principal office.
(b) A partnership shall provide partners and their agents and attorneys access to its books and records. It shall provide former partners and their agents and attorneys access to books and records pertaining to the period during which they were partners. The right of access provides the opportunity to inspect and copy books and records during ordinary business hours. A partnership may impose a reasonable charge, covering the costs of labor and material, for copies of documents furnished.
(c) Each partner and the partnership shall furnish to a partner, and to the legal representative of a deceased partner or partner under legal disability:
(1) Without demand, any information concerning the partnership's business and affairs reasonably required for the proper exercise of the partner's rights and duties under the partnership agreement or this act; and
(2) on demand, any other information concerning the partnership's business and affairs, except to the extent the demand or the information demanded is unreasonable or otherwise improper under the circumstances.
History: L. 1998, ch. 93, ยง 22; Jan. 1, 1999.
Structure Kansas Statutes
Chapter 56a - Kansas Uniform Partnership Act
Article 4 - Relations Of Partners To Each Other And To Partnership
56a-401 Partner's rights and duties.
56a-402 Distributions in kind.
56a-403 Partner's rights and duties with respect to information.
56a-404 General standards of partner's conduct.
56a-405 Actions by partnership and partners.
56a-406 Continuation of partnership beyond definite term or particular undertaking.