United Development Funding IV fka UDFI

[ofirm]

I think a deeper dive into MD partnership laws is required here. we need to look at the partnership
agreement as well. usually in a case where audited financials are not provided - thats a violation
of the partnership agreement. in such a case, there should be some kind of precedent to guide the
court. many times if there is no local precedent, they could borrow precedent from a place like
Delaware (or NY) where the partnership subject is more developed.