MA State - Partnerships - Books and Records: Inspection and Formal Accounting

MA. State Laws Title 15 - Regulation of Trade, Ch. 108A Partnerships:

§ 19 Partnership Books, Right of Inspection :

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.

§ 22 Partners Right to Formal Accounting:

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 co-partners,
(b) If the right exists under the terms of any agreement,
(c) As provided by section twenty-one,
(d) Whenever other circumstances render it just and reasonable.

As of Read Date 1/23/12 ALL MA Laws subject to change and update and you MUST confirm as filing or relying. For best results consult with a Licensed MA State Attorney.  

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