Partner's Right to Inspect Books and Records
Partners Have an Unfettered Right to Inspect Books and Records of the Partnership.
OverviewIt is the longstanding law of Texas that a partner has the fundamental, inherent right to inspect the books and records of a partnership. The right is deemed so fundamental that it cannot be waived by a partner or unreasonably restricted in the partnership's governing documents. These rights are now codified in the Texas Business Organizations Code. Specifically, Section 152.212 of the Business Organizations Code states that "[a] partnership shall provide access to its books and records to a partner or an agent or attorney of a partner." Section 152.213 further provides that "[o]n request and to the extent just and reasonable, each partner and the partnership shall furnish complete and accurate information concerning the partnership to . . . a partner."
CasesSee Rush v. Browning, 132 S.W. 763, 765 (Tex. 1910) ("[A] partner is entitled to the possession of the books for examination, because they belong to him as much as to his co-partner."); B&R Commc'ns v. Lopez, 890 S.W.2d 224 (Tex. App.--Amarillo 1994, no writ);