Reports to Limited Partners. Within ninety (90) days after the end of each fiscal year of the Partnership, the General Partners will deliver to each Limited Partner such information as is necessary for the preparation of such Limited Partner of his federal income tax return, and state income or other tax returns. Within 120 days after the end of each Partnership fiscal year, the General Partners will deliver to each Limited Partner an annual report which includes audited financial statements of the Partnership prepared in accordance with generally accepted accounting principals, and which contains a reconciliation of amounts shown therein with amounts shown on the method of accounting used for tax reporting purposes.
Appears in 7 contracts
Samples: Subscription Agreement (Redwood Mortgage Investors Viii), Subscription Agreement (Redwood Mortgage Investors Viii), Subscription Agreement (Redwood Mortgage Investors Viii)
