Business transactions of partner with partnership.

  1. Law
  2. New Mexico Statutes
  3. Partnerships
  4. Uniform Revised Limited Partnership Act
  5. General Provisions
  6. Business transactions of partner with partnership.

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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.

History: Laws 2007, ch. 129, § 112.

ANNOTATIONS

Effective dates. — Laws 2007, ch. 129, § 1208 made the section effective January 1, 2008.


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