§ 15-119 Business transactions of partner with the partnership.

6 DE Code § 15-119 (2019) (N/A)
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Except as provided in the partnership agreement, a partner may lend money to, borrow money from, act as a surety, guarantor or endorser for, guarantee or assume 1 or more specific obligations of, provide collateral for and transact other business with, the partnership and, subject to other applicable law, has the same rights and obligations with respect thereto as a person who is not a partner.

72 Del. Laws, c. 151, § 1.