§ 54-500-112A. Business transactions of partner with partnership.  


Latest version.
  • BUSINESS TRANSACTIONS OF PARTNER WITH PARTNERSHIP.

    A partner may lend money to and transact other business with the limited partnership and has the same rights and obligations with respect to the loan or other transaction as a person that is not a partner.

Added by Laws 2010, c. 384, § 12, eff. Jan. 1, 2011.