Texas Statutes (Last Updated: January 4, 2014) |
BUSINESS ORGANIZATIONS CODE |
Title 4. PARTNERSHIPS |
Chapter 152. GENERAL PARTNERSHIPS |
Subchapter D. RELATIONSHIP BETWEEN PARTNERS AND BETWEEN PARTNERS AND PARTNERSHIPS |
Sec. 152.212. BOOKS AND RECORDS OF PARTNERSHIP
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(a) In this section, "access" includes the opportunity to inspect and copy books and records during ordinary business hours.
(b) A partnership shall keep its books and records, if any, at its chief executive office.
(c) A partnership shall provide access to its books and records to a partner or an agent or attorney of a partner.
(d) The partnership shall provide a former partner or an agent or attorney of a former partner access to books and records pertaining to the period during which the former partner was a partner or for any other proper purpose with respect to another period.
(e) A partnership may impose a reasonable charge, covering the costs of labor and material, for copies of documents furnished under this section.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.