(b) The partnership agreement may not:
(1) Vary the rights and duties under K.S.A. 56a-105 except to eliminate the duty to provide copies of statements to all of the partners;
(2) unreasonably restrict the right of access to books and records under subsection (b) of K.S.A. 56a-403;
(3) eliminate the duty of loyalty under subsection (b) of K.S.A. 56a-404 or subsection (b)(3) of K.S.A. 56a-603, but:
(i) The partnership agreement may identify specific types or categories of activities that do not violate the duty of loyalty, if not manifestly unreasonable; or
(ii) all of the partners or a number or percentage specified in the partnership agreement may authorize or ratify, after full disclosure of all material facts, a specific act or transaction that otherwise would violate the duty of loyalty;
(4) unreasonably reduce the duty of care under subsection (c) of K.S.A. 56a-404 or subsection (b)(3) of K.S.A. 56a-603;
(5) eliminate the obligation of good faith and fair dealing under subsection (d) of K.S.A. 56a-404, but the partnership agreement may prescribe the standards by which the performance of the obligation is to be measured, if the standards are not manifestly unreasonable;
(6) vary the power to dissociate as a partner under subsection (a) of K.S.A. 56a-602, except to require the notice under subsection (a) of K.S.A. 56a-601 to be in writing;
(7) vary the right of a court to expel a partner in the events specified in subsection (e) of K.S.A. 56a-601;
(8) vary the requirement to wind up the partnership business in cases specified in subsection (d), (e) or (f) of K.S.A. 56a-801;
(9) vary the law applicable to a limited liability partnership under subsection (b) of K.S.A. 56a-106; or
(10) restrict rights of third parties under this act.
History: L. 1998, ch. 93, § 3; Jan. 1, 1999.