Skip to main content

California Code, Corporations Code - CORP § 16403

Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.

(a)?A partnership shall keep its books and records, if any, in writing or in any other form capable of being converted into clearly legible tangible form, at its chief executive office.

(b)?A partnership shall provide partners and their agents and attorneys access to its books and records. ?It shall provide former partners and their agents and attorneys access to books and records pertaining to the period during which they were partners. ?The right of access provides the opportunity to inspect and copy books and records during ordinary business hours. ?A partnership may impose a reasonable charge, covering the costs of labor and material, for copies of documents furnished.

(c)?Each partner and the partnership shall furnish to a partner, and to the legal representative of a deceased partner or partner under legal disability, both of the following, which may be transmitted by electronic transmission by the partnership (subdivision (4) of Section 16101):

(1)?Without demand, any information concerning the partnership's business and affairs reasonably required for the proper exercise of the partner's rights and duties under the partnership agreement or this chapter; ?and

(2)?On demand, any other information concerning the partnership's business and affairs, except to the extent the demand or the information demanded is unreasonable or otherwise improper under the circumstances.

Cite this article: FindLaw.com - California Code, Corporations Code - CORP § 16403 - last updated January 01, 2019 | https://codes.findlaw.com/ca/corporations-code/corp-sect-16403.html


FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

Copied to clipboard