Oregon Revised Statutes Chapter 70 § 70.050 — Records
Oregon Revised Statutes Chapter 70 ·
Oregon Code § 70.050·Enacted ·Last updated March 01, 2026
Statute Text
Records
required in office in state; inspection.
(1) Each limited partnership shall keep at the office
referred to in ORS 70.020 the following records:
(a) A current
list of the full name and last-known business address of each partner
specifying separately the general partners and the limited partners in
alphabetical order.
(b) 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.
(c) Copies of the
limited partnerships federal, state and local income tax returns and reports,
if any, for the three most recent years.
(d) Copies of any
then-effective written partnership agreements and of any financial statements
of the limited partnership for the three most recent years.
(e) Unless
contained in a written partnership agreement, a description of:
(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 that each partner has agreed to
contribute;
(B) The times at
which or events upon 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 partners
contribution; and
(D) Any events
upon the happening of which the limited partnership is to be dissolved and its
affairs wound up.
(2) The records
specified in subsection (1) of this section are subject to inspection and
copying at the reasonable request, and at the expense, of any partner during
ordinary business hours. [1985 c.677 §6; 1987 c.543 §7]
Plain English Explanation
This Oregon statute addresses Records
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 70.050
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Records
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