79-14-107 - Business transactions of partner with the partnership.
§ 79-14-107. Business transactions of partner with the partnership.
Except as provided in the partnership agreement, a partner may lend money to and transact other business with the limited partnership and, subject to other applicable law, has the same rights and obligations with respect thereto as a person who is not a partner.
Sources: Laws, 1987, ch. 488, § 107, eff from and after January 1, 1988.