Ohio § 1782.21

Full text of Ohio Ohio Revised Code § 1782.21, with citation guidance and answers to common questions.

§ 1782.21.

(A)(1) Each limited partner has the right, subject to such reasonable standards as may be

set forth in the partnership agreement or otherwise established by the general partners,

to obtain from the general partners from time to time and upon reasonable demand for

any purpose reasonably related to the limited partner's interest as a limited partner,

all of the following: (a) True and full information regarding the status of the business and the financial

condition of the limited partnership; (b) Promptly after becoming available, a copy of the limited partnership's federal, state,

and local income tax returns for each year; (c) A current list of the name and last known business, residence, or mailing address

of each partner; (d) A copy of any written partnership agreement and certificate of limited partnership

and all amendments to the agreement and certificate, together with executed copies

of any written powers of attorney pursuant to which the partnership agreement and

any certificate and all amendments to it have been executed; (e) True and full information regarding the amount of cash and a description and statement

of the agreed value of any other property or services contributed by each partner

and which each partner has agreed to contribute in the future, and the date on which

each partner became a partner; (f) Other information regarding the affairs of the limited partnership as is just and

reasonable. (2) The reasonable standards referred to in division (A)(1) of this section may include

standards governing the type and nature of information and documents that are to be

furnished, the time and location at which they are to be furnished, and the person

who is to pay the expense of furnishing them. (B) Unless otherwise provided in the partnership agreement, a general partner shall have

the right to keep confidential from limited partners, for the period of time that

the general partner considers reasonable, any information that the general partner

reasonably believes to be in the nature of trade secrets or any other information

the disclosure of which the general partner in good faith believes is not in the best

interest of the limited partnership or could damage the limited partnership or its

business or which the limited partnership is required by law or by agreement with

a third party to keep confidential. (C) A limited partnership may maintain its records in a form other than a written form

if the form used is capable of conversion, within a reasonable time, into written

form. (D) A general partner may require that any demand under this section be in writing and

state its purpose. (E) In complying with this section, the general partners may elect to do either or both

of the following: (1) Provide a limited partner with the right to examine documents in person or by agent

or attorney and to make copies or extracts of the documents; (2) Provide to a limited partner true and accurate copies of documents responsive to

the demand.

Frequently Asked Questions About Ohio § 1782.21

What does Ohio Revised Code § 1782.21 cover?

Section 1782.21 is part of the Ohio Revised Code, the codified statutory law of Ohio. 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 Ohio § 1782.21?

A common citation format is "Ohio Revised Code § 1782.21" (Ohio). 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 Ohio law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.

How does Ohio § 1782.21 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio 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 Ohio.