Guam § 27308 - Rights of Limited Partner.
Full text of Guam Guam Code Annotated § 27308 — Rights of Limited Partner., with citation guidance and answers to common questions.
§ 27308. Rights of Limited Partner.
(l) A limited partner shall have the same rights as a general partner to --
(a) 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.
(b) Have on demand true and full information of all things
affecting the partnership, and a formal account of
partnership affairs whenever circumstances render it just and
reasonable.
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18 GCA BUSINESS S TRUCTURE & FUNCTION
(c) Have dissolution and winding up by decree of court.
(2) 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 his
contribution as provided in '§ 27313 and 27314.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 27308
What does Guam Code Annotated § 27308 cover?
Section 27308 ("Rights of Limited Partner.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 27308?
A common citation format is "Guam Code Annotated § 27308" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 27308 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.