O.C.G.A.

O.C.G.A. § 14-8-20 (2019)

Responsibility of partners to reveal true information to representative of deceased partner

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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Partners shall render, to the extent the circumstances render it just and reasonable, true and full information of all things affecting the partners to any partner and to the legal representative of any deceased partner or of any partner under legal disability.

History

(Code 1981, § 14-8-20, enacted by Ga. L. 1984, p. 1439, § 1.)

Annotations

COMMENT Note to Uniform Partnership Act This section states the partners’ duty of disclosure to the other partners. Prior Georgia Law There was no precisely comparable provision. This section is generally consistent with the partners’ duty of good faith set forth in prior O.C.G.A. § 14-8-40 and with the general duty to communicate in connection with confidential relations and under other appropriate circumstances set forth in O.C.G.A. § 23-2-53. Confidential relations are defined in O.C.G.A. § 23-2-58 to include ‘‘the relationship between partners.’’ The duty set forth in § 14-8-20 applies after dissolution of the partnership, as is indicated by the reference to disclosure to the legal representative of any deceased partner. Official UPA This section differs from the official version in explicitly requiring disclosure without the necessity of a demand; in clarifying that the extent of the required disclosure depends on the circumstances; and in clarifying that the duty to disclose is owed to the legal representative of a disabled partner. Cross-References Partner’s right to examine the partnership books: § 14-8-19. Partner’s right to a full accounting of partnership affairs: § 14-8-22.

CORPORATIONS & PARTNERSHIPS

RESEARCH REFERENCES Am. Jur. 2d. - 59A Am. Jur. 2d, Partnership, §§ 718 et seq., 722 et seq., 739 et seq.

C.J.S. - 68 C.J.S., Partnership, §§ 120 et seq., 331, 348, 350, 351.

Notes of Decisions
Cited in 5 cases (1 in the last 5 years), 1986–2025 · leading case: Ghee v. Kimsey, 346 S.E.2d 888 (Ga. Ct. App. 1986).
Ghee v. Kimsey, 346 S.E.2d 888 (Ga. Ct. App. 1986). · cites it 7× “” Former OCGA § 14-8-20. (The Uniform Partnership Act, OCGA Ch.”
Rollins v. Rollins, 766 S.E.2d 162 (Ga. Ct. App. 2014). · cites it 4× “Specifically, OCGA § 14-8-20 provides “[p]artners shall render, to the extent circumstances render it just and reasonable, true and full information of all things affecting the partners[.”
Rollins v. Rollins, 780 S.E.2d 328 (Ga. 2015). · cites it 2× “” 13 See OCGA § 14-8-20. 14 At that point, none of the S-Trusts had terminated as a result of the beneficiary’s age, so no individuals other than Gary and Randall were RIF partners.”
Glen W. Rollins v. Gary W. Rollins (Ga. Ct. App. 2014). · cites it 4× “Specifically, OCGA § 14-8-20 provides “[p]artners shall render, to the extent circumstances render it just and reasonable, true and full information of all things affecting the partners[.”
Milton Shlapak v. Van Dau (Ga. Ct. App. 2025). · cites it 2× “” OCGA § 14-8-20. The 1992 agreement imposed upon the parties an obligation to “use the utmost of [their] skills and abilities in furtherance of the Ventures[,]” namely the “general business with the government of Laos” that the parties “voluntarily associate[d] themselves…”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.