Indiana Statutes
§ 23-16-2-8 — Business transactions of partner with partnership
Indiana § 23-16-2-8
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 16LIMITED PARTNERSHIPS
Ch. 2General Provisions
This text of Indiana § 23-16-2-8 (Business transactions of partner with partnership) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 23-16-2-8 (2026).
Text
(a)Except as provided in the partnership
agreement, a partner may:
(1)lend money to;
(2)borrow money from;
(3)act as guarantor or surety for;
(4)provide collateral for the obligations of; and
(5)transact other business;
with the limited partnership.
(b)Except as provided in the partnership agreement, and subject to
other applicable law, a partner has the same rights and obligations with
respect to the limited partnership as a person who is not a partner.
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Legislative History
As added by P.L.147-1988, SEC.1.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 23-16-2-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-16-2-8.