No Partner may make loans to Partnership without all Partners' approval. No Partner may withdraw Capital without all Partners' consent. Complete and accurate books and accounts must be maintained. All Partners have right to inspect books. Records and books to be maintained on a cash basis.
Calendar year is a fiscal year.
Full annual report to be given to Partners after end of fiscal year. Timing of determination of Profits and Losses. Division of Profits and Losses listed for each Partner. Partners may draw against Partnership profits as mutually agreed upon. Individual Capital Accounts must be maintained for each Partner.