449.18 Rules for determining rights and duties of partners. Sec. 18. (Rules determining rights and duties of partners). The rights and duties of the partners in relation to the partnership shall be determined, subject to any agreement between them, by all of the following rules: (a) Each partner shall be repaid his or her contributions, […]
449.19 Partnership books; location, accessibility. Sec. 19. (Partnership books). The partnership books shall be kept, subject to any agreement between the partners, at the principal place of business of the partnership, and every partner shall at all times have access to and may inspect and copy any of them. History: 1917, Act 72, Eff. Aug. […]
449.20 Partner; duty to render information. Sec. 20. (Duty of partners to render information). Partners 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. History: 1917, Act 72, Eff. Aug. 10, 1917 ;– CL […]
449.21 Partner; accountability as fiduciary. Sec. 21. (Partner accountable as a fiduciary). (1) Every partner must account to the partnership for any benefit, and hold as trustee for it any profits derived by him without the consent of the other partners from any transaction connected with the formation, conduct, or liquidation of the partnership or […]
449.22 Partner; right to formal account. Sec. 22. (Right to an account). Any partner shall have the right to a formal account as to partnership affairs: (a) If he is wrongfully excluded from the partnership business or possession of its property by his copartners, (b) If the right exists under the terms of any agreement, […]
449.23 Partnership; continuation beyond fixed term. Sec. 23. (Continuation of partnership beyond fixed term). (1) When a partnership for a fixed term or particular undertaking is continued after the termination of such term or particular undertaking without any express agreement, the rights and duties of the partners remain the same as they were at such […]
