South Dakota § 48-7-305 - Information.

Full text of South Dakota South Dakota Codified Laws § 48-7-305 — Information., with citation guidance and answers to common questions.

§ 48-7-305. Information.

Each limited partner has the right to:

(1)    Inspect and copy any of the partnership records required to be maintained by § 48-7-105; and

(2)    Obtain from the general partners from time to time upon reasonable demand:

(a)    True and full information regarding the state of the business and 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; and

(c)    Other information regarding the affairs of the limited partnership as is just and reasonable.

Source: SL 1986, ch 391, § 305.

Frequently Asked Questions About South Dakota § 48-7-305

What does South Dakota Codified Laws § 48-7-305 cover?

Section 48-7-305 ("Information.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. 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 South Dakota § 48-7-305?

A common citation format is "South Dakota Codified Laws § 48-7-305" (South Dakota). 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 South Dakota law?

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

How does South Dakota § 48-7-305 apply to my situation?

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