Volume 716, Page 1948 View pdf image |
1948 LAWS OF MARYLAND [Ch. 311 CARRY ON THE ORDINARY BUSINESS OF THE PARTNERSHIP; (3) CONFESS A JUDGMENT AGAINST THE PARTNERSHIP; (4) POSSESS PARTNERSHIP PROPERTY, OR ASSIGN THEIR (5) ADMIT A PERSON AS A GENERAL PARTNER; (6) ADMIT A PERSON AS A LIMITED PARTNER, UNLESS THE (7) CONTINUE THE BUSINESS WITH PARTNERSHIP PROPERTY REVISORY NOTE: This section presently appears as The word "or" is added at the end of item (6). The only other changes are technical changes 10-109. RIGHTS OF A LIMITED PARTNER. (A) A LIMITED PARTNER SHALL HAVE THE SAME RIGHTS (1) HAVE THE PARTNERSHIP BOOKS KEPT AT THE (2) HAVE ON DEMAND TRUE AND FULL INFORMATION (3) HAVE DISSOLUTION AND WINDING UP BY DECREE (B) A LIMITED PARTNER SHALL HAVE THE RIGHT TO RECEIVE A SHARE OF THE PROFITS OR OTHER COMPENSATION BY WAY OF INCOME, AND TO THE RETURN OF HIS CONTRIBUTION AS REVISOR'S NOTE: This section presently appears as The only other changes are technical changes |
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Volume 716, Page 1948 View pdf image |
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