Commercial Companies Law

Article 68 — Article (68) Rights of the Limited Partner

Part Two: Partnerships · Chapter Two: Limited Partnership

1. A Limited Partner shall have the same rights of a General Partner in relation to: a. Lending money to, and entering into transactions with, the Company, subject to the consent of all General Partners; b. Getting access to and obtaining copies or extracts of the books and records of the Company at all times during the business hours of the Company; c. Obtaining full and accurate information about the Company's activities and a formal statement in respect thereof; d. A Limited Partner may perform any of the acts mentioned in Clause [1/A] of this Article either in person or through other partners or third parties, provided that no damage to the Company occurs as a result of the same. 2. For the purposes of this Article, a Limited Partner shall not be deemed involved in the management of a Limited Partnership upon conducting any internal control activities of the Company, and shall not be jointly liable for the liabilities of the Company vis-à-vis bona fide third parties.

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