Right to formal accounting
Known as the Uniform Partnership Act
The act spans §§ 33–33 (61 sections).
Applied in 1 court decision — leading case Boardman v. Lovett Enterprises, Inc. (1986)
Most recently applied in Boardman v. Lovett Enterprises, Inc. (April 1986)
1962 Code SECTION 52-45; 1952 Code SECTION 52-45; 1950 (46) 1841.
Any partner shall have the right to a formal account as to partnership affairs:
(1) If he is wrongfully excluded from the partnership business or possession of its property by his copartners;
(2) If the right exists under the terms of any agreement;
(3) As provided by SECTION 33-41-540; or
(4) Whenever other circumstances render it just and reasonable.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.