Montana Statutes
§ 35-12-510 — Business Transactions Of Partner With The Partnership
Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 12 LIMITED PARTNERSHIPS·Part 5 General Provisions
35-12-510 . Business transactions of partner with the 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.
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Legislative History
En. Sec. 10, Ch. 522, L. 1981; amd. Sec. 12, Ch. 216, L. 2011.
Nearby Sections
15
§ 35-12-1001
Interim Distributions§ 35-12-1002
Repealed§ 35-12-1003
Repealed§ 35-12-1004
Repealed§ 35-12-1005
Distributions In Kind§ 35-12-1006
Right To Distributions§ 35-12-1007
Repealed§ 35-12-1008
Repealed§ 35-12-1009
No Distribution On Account Of Dissociation§ 35-12-101
Repealed§ 35-12-1010
Limitations On Distribution§ 35-12-1011
Liability For Improper Distributions§ 35-12-1012
Through 35-12-1015 Reserved§ 35-12-1016
Dissociation As Limited Partner§ 35-12-1017
Effect Of Dissociation As Limited Partner