107 Business transactions of partner with the partnership.

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56-1a107. 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.

History: L. 1983, ch. 88, § 7; July 1.


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