Partner participation rights govern management, majority decisions control ordinary matters, unanimous consent needed for business change. Each partner has a right to participate in the conduct of the business and a duty to attend diligently; ordinary business differences may be decided by majority after each partner may express an opinion, but changes to the nature of the business require consent of all partners. Every partner also has a right to access, inspect, and copy the firm's books, subject to any contract between the partners.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Partner participation rights govern management, majority decisions control ordinary matters, unanimous consent needed for business change.
Each partner has a right to participate in the conduct of the business and a duty to attend diligently; ordinary business differences may be decided by majority after each partner may express an opinion, but changes to the nature of the business require consent of all partners. Every partner also has a right to access, inspect, and copy the firm's books, subject to any contract between the partners.
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