Maine Statutes

§ 31 §1312 — Business transactions of partner with partnership

Maine·Title 31 PARTNERSHIPS AND ASSOCIATIONS·Ch. 19 UNIFORM LIMITED PARTNERSHIP ACT
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.

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Legislative History

PL 2005, c. 543, §C2 (NEW).

Nearby Sections

15
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