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Minn. Stat. § 322.10

RIGHTS OF A LIMITED PARTNER.

(7362) 1919 c 498 s 10; 1986 c 444

A limited partner shall have the same rights as a general partner to

(1) have the partnership books kept at the principal place of business of the partnership, and at all times to inspect and copy any of them;

(2) have on demand full and true information of all things affecting the partnership, and a formal account of the partnership affairs whenever circumstances render it just and reasonable; and

(3) have a dissolution and winding up by decree of court.

A limited partner shall have the right to receive a share of the profits or other compensation by way of income, and to the return of that partner's contribution as provided in sections 322.15 and 322.16 .

Official source: Minnesota Office of the Revisor of Statutes. Reproduced from public-domain Minnesota statutes; confirm against the official source for the current text. Not legal advice.