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incurred by the general partner in the ordinary course of the | activities of the partnership or for the preservation of its | activities or property. |
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| | 4.__Advances by general partner.__A limited partnership shall | reimburse a general partner for an advance to the limited | partnership beyond the amount of capital the general partner | agreed to contribute. |
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| | 5.__Payment or advance constitutes loan.__A payment or advance | made by a general partner that gives rise to an obligation of the | limited partnership under subsection 3 or 4 constitutes a loan to | the limited partnership that accrues interest from the date of | the payment or advance. |
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| | 6.__No remuneration.__A general partner is not entitled to | remuneration for services performed for the partnership. |
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| §1357.__Right of general partner and former general partner to |
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| | 1.__Right to inspect and copy.__A general partner, without | having any particular purpose for seeking the information, may | inspect and copy during regular business hours: |
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| A.__In the limited partnership's designated office, required | information; and |
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| B.__At a reasonable location specified by the limited | partnership, any other records maintained by the limited | partnership regarding the limited partnership's activities | and financial condition. |
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| | 2.__Information furnished to general partner.__Each general | partner and the limited partnership shall furnish to a general | partner: |
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| A.__Without demand, any information concerning the limited | partnership's activities and activities reasonably required | for the proper exercise of the general partner's rights and | duties under the partnership agreement or this chapter; and |
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| B.__On demand, any other information concerning the limited | partnership's activities, except to the extent the demand or | the information demanded is unreasonable or otherwise | improper under the circumstances. |
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| | 3.__Right of dissociated general partner.__Subject to | subsection 5, on 10 days' demand made in a record received by the | limited partnership, a person dissociated as a general partner |
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