{"data":{"id":"us-dc/d.c.-code-29-703.04","jurisdiction":"us-dc","citation":"D.C. Code § 29-703.04","heading":"Right of limited partner and former limited partner to information.","body":"(a)\nOn 10 days’ demand, made in a record received by the limited partnership, a limited partner may inspect and copy required information during regular business hours in the limited partnership’s principal office. The limited partner need not have any particular purpose for seeking the information.\n\n(b)\nDuring regular business hours and at a reasonable location specified by the limited partnership, a limited partner may obtain from the limited partnership and inspect and copy true and full information regarding the state of the activities and affairs and financial condition of the limited partnership and other information regarding the activities and affairs of the limited partnership as is just and reasonable if:\n(1)\nThe limited partner seeks the information for a purpose reasonably related to the partner’s interest as a limited partner;\n(2)\nThe limited partner makes a demand in a record received by the limited partnership, describing with reasonable particularity the information sought and the purpose for seeking the information; and\n(3)\nThe information sought is directly connected to the limited partner’s purpose.\n\n(c)\nWithin 10 days after receiving a demand pursuant to subsection (b) of this section, the limited partnership in a record shall inform the limited partner that made the demand:\n(1)\nWhat information the limited partnership will provide in response to the demand;\n(2)\nWhen and where the limited partnership will provide the information; and\n(3)\nIf the limited partnership declines to provide any demanded information, the limited partnership’s reasons for declining.\n\n(d)\nSubject to subsection (f) of this section, a person dissociated as a limited partner may inspect and copy required information during regular business hours in the limited partnership’s principal office if:\n(1)\nThe information pertains to the period during which the person was a limited partner;\n(2)\nThe person seeks the information in good faith; and\n(3)\nThe person meets the requirements of subsection (b) of this section.\n\n(e)\nThe limited partnership shall respond to a demand made pursuant to subsection (d) of this section in the same manner as provided in subsection (c) of this section.\n\n(f)\nIf a limited partner dies, § 29-707.04 shall apply.\n\n(g)\nA limited partnership may impose reasonable restrictions on the use of information obtained under this section. In a dispute concerning the reasonableness of a restriction under this subsection, the limited partnership shall have the burden of proving reasonableness.\n\n(h)\nA limited partnership may charge a person that makes a demand under this section reasonable costs of copying, limited to the costs of labor and material.\n\n(i)\nWhenever this chapter or a partnership agreement provides for a limited partner to give or withhold consent to a matter, before the consent is given or withheld, the limited partnership shall, without demand, provide the limited partner with all information material to the limited partner’s decision that the limited partnership knows.\n\n(j)\nA limited partner or person dissociated as a limited partner may exercise the rights under this section through an attorney or other agent. Any restriction imposed under subsection (g) of this section or by the partnership agreement shall apply both to the attorney or other agent and to the limited partner or person dissociated as a limited partner.\n\n(k)\nThe rights stated in this section shall not extend to a person as transferee, but may be exercised by the legal representative of an individual under legal disability who is a limited partner or person dissociated as a limited partner.","path":["Title 29. Business Organizations. [Enacted title]","Chapter 7. Limited Partnerships.","Subchapter III. Limited Partners."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/29-703.04","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"8c7bfc7c86eb2f4900f99a93a6a49a8639bebb29ef3a6a8096781c6584340d42","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-29-703.03","next":"us-dc/d.c.-code-29-703.05"},"notice":"GroundRules: Original legal text. Not legal advice."}