Section 488.112 - Business transactions of partner with partnership.

IA Code § 488.112 (2019) (N/A)
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488.112 Business transactions of partner with partnership.

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.

2004 Acts, ch 1021, §12, 118