Delaware Statutes
§ 15-119 — Business transactions of partner with the partnership
Delaware § 15-119
This text of Delaware § 15-119 (Business transactions of partner with the partnership) is published on Counsel Stack Legal Research, covering Delaware primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Del. Code tit. 6, § 15-119 (2026).
Text
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.
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Legislative History
72 Del. Laws, c. 151, § 1
Nearby Sections
15
§ 15-1002
Name§ 15-1003
Annual report§ 15-101
Definitions§ 15-102
Knowledge and notice§ 15-104
Supplemental principles of law§ 15-106
Governing law§ 15-108
Name of partnership§ 15-109
Reservation of name§ 15-110
IndemnificationCite This Page — Counsel Stack
Bluebook (online)
Delaware § 15-119, Counsel Stack Legal Research, https://law.counselstack.com/statute/de/6/15-119.