Mich. Comp. Laws » Michigan Compiled Laws / Chapter 449 / Act 213 of 1982
Michigan Compiled Laws

Mich. Comp. Laws § 449.1305 (2026)

Rights of limited partner.

✓ current as of July 2026
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MICHIGAN REVISED UNIFORM LIMITED PARTNERSHIP ACT


Act 213 of 1982


449.1305 Rights of limited partner.

Sec. 305.

    Each limited partner has the right to:

    (1) Inspect and copy or have his or her designated representative inspect and copy any of the partnership records required to be maintained by section 106.

    (2) Obtain from the general partners, from time to time, upon reasonable demand (i) true and full information regarding the state of the business and financial condition of the limited partnership, (ii) promptly after becoming available, a copy of the limited partnership's federal, state, and local income tax returns for each year, and (iii) other information regarding the affairs of the limited partnership as is just and reasonable.

History: 1982, Act 213, Eff. Jan. 1, 1983

Notes of Decisions
Cited in 3 cases, 1993–2016 · leading case: People of Michigan v. William Little, 499 Mich. 332 (Mich. 2016).
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People of Michigan v. William Little, 499 Mich. 332 (Mich. 2016). · cites it 2× “20 (requiring that “[p]artners shall render on demand true and full information of all things affecting the partnership to any partner or the legal representative of any deceased partner or partner under legal disability”); MCL 449.1305(2) (setting forth the right of limited…”
Harris v. Agrivest Ltd. P'ship II, 818 F. Supp. 1035 (E.D. Mich. 1993). · cites it 2× “§ 449.1305 (1989). 1 Mr. Barr was asked by a limited partner to take on legal work for Agrivest II.”
People of Michigan v. Nevin Hughes (Mich. 2016). “20 (requiring that “[p]artners shall render on demand true and full information of all things affecting the partnership to any partner or the legal representative of any deceased partner or partner under legal disability”); MCL 449.1305(2) (setting forth the right of limited…”
— Mich. Comp. Laws § 449.1305(2) — 2 cases
People of Michigan v. William Little, 499 Mich. 332 (Mich. 2016). “20 (requiring that “[p]artners shall render on demand true and full information of all things affecting the partnership to any partner or the legal representative of any deceased partner or partner under legal disability”); MCL 449.1305(2) (setting forth the right of limited…”
People of Michigan v. Nevin Hughes (Mich. 2016). “20 (requiring that “[p]artners shall render on demand true and full information of all things affecting the partnership to any partner or the legal representative of any deceased partner or partner under legal disability”); MCL 449.1305(2) (setting forth the right of limited…”
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