§ 59-108 - Business transactions of partner with the partnership.

NC Gen Stat § 59-108 (2019) (N/A)
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59-108. 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 G.S. 59-804 and other applicable law, has the same rights and obligations with respect thereto as a person who is not a partner.