                                 CODE OF VIRGINIA

RECORDS TO BE KEPT (§ 50-73.8)

A. Each limited partnership shall keep at its principal office the following:

   1. A current list of the full name and last known business address of each
   partner, separately identifying the general partners in alphabetical order and
   the limited partners in alphabetical order;

   2. A copy of the certificate of limited partnership and all certificates of
   amendment thereto, together with executed copies of any powers of attorney
   pursuant to which any certificate has been executed;

   3. Copies of the limited partnership&#8217;s federal, state and local income
   tax returns and reports, if any, for the three most recent years;

   4. Copies of any then-effective written partnership agreements and of any
   financial statements of the limited partnership for the three most recent
   years; and

   5. Unless contained in a written partnership agreement, a writing setting out:
   				a. The amount of cash and a description and statement of the agreed value
   of the other property or services contributed by each partner and which each
   partner has agreed to contribute;
   				b. The times at which or events on the happening of which any additional
   contributions agreed to be made by each partner are to be made;
   				c. Any right of a partner to receive, or of a general partner to make,
   distributions to a partner which include a return of all or any part of the
   partner&#8217;s contribution; and
   				d. Any events upon the happening of which the limited partnership is to be
   dissolved and its affairs wound up.

B. Records kept under this section are subject to inspection and copying at the
reasonable request, and at the expense, of any partner during ordinary business
hours.

HISTORY: 1985, c. 607; 1987, c. 702; 2010, c. 675.