Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 17.1205 — Delaware Law | CourtGPT
  1. Home/
  2. Laws/
  3. Delaware/
  4. Title 6 - Commerce and Trade/
  5. Chapter 17 - Limited Partnershipssub/
  6. Subchapter Xii - Statutory Public Benefit Limited Partnerships§ 17-1201 . Law Applicable to Statutory Public Benefit Limited Partnerships; How Formed/
  7. § 17.1205
Delaware Legal Code

§ 17.1205

Ask AI about this
§§ 17-1205 . Periodic statements and third-party certification. A statutory public benefit limited partnership shall no less than biennially provide its limited partners with a statement as to the limited partnership's promotion of the public benefit or public benefits set forth in its partnership agreement and certificate of limited partnership and as to the best interests of those materially affected by the limited partnership's conduct. The statement shall include: (1) The objectives that have been established to promote such public benefit or public benefits and interests; (2) The standards that have been adopted to measure the limited partnership's progress in promoting such public benefit or public benefits and interests; (3) Objective factual information based on those standards regarding the limited partnership's success in meeting the objectives for promoting such public benefit or public benefits and interests; and (4) An assessment of the limited partnership's success in meeting the objectives and promoting such public benefit or public benefits and interests.82 Del. Laws, c. 46, § 30; 83 Del. Laws, c. 63, § 9;