48-2a-107 - Business transactions of partner with partnership.
48-2a-107. Business transactions of partner with partnership.
Except as provided in the partnership agreement, a partner may lend money to andtransact other business with the limited partnership and, subject to other applicable law, has thesame rights and obligations with respect thereto as a person who is not a partner.
Enacted by Chapter 233, 1990 General Session