Malaysia legislation
Section 13
of LABUAN LIMITED PARTNERSHIPS AND LIMITED LIABILITY PARTNERSHIPS ACT 2010
Section 13
(a)
during business hours, to inspect and make copies of or take extracts from the Labuan limited partnership books, documents and records; and
(b)
to be given, on demand, true and full information of all things affecting the Labuan limited partnership and to be given a formal account of partnership affairs whenever circumstances render it just and reasonable to do so.
(2)
A limited partner shall not be entitled to dissolve a Labuan limited partnership by notice except as expressly provided in the partnership agreement or as provided under subsection 26(3).
(3)
Subject to any provision, express or implied, of the partnership agreement to the contrary, a Labuan limited partnership shall not be dissolved by—
(a)
in the case of a limited partner who is an individual, his death, legal incapacity, bankruptcy, retirement or withdrawal from the Labuan limited partnership; and
(b)
in the case of a limited partner which is a corporation, its dissolution, bankruptcy or withdrawal from the Labuan limited partnership.
Labuan Limited Partnerships and Limited
Liability Partnerships 23
Share of profits