North Carolina Statutes
§ 59-108 — Business transactions of partner with the partnership
North Carolina § 59-108
This text of North Carolina § 59-108 (Business transactions of partner with the partnership) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.C. Gen. Stat. § 59-108 (2026).
Text
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. (1985 (Reg. Sess., 1986), c. 989, s. 2.)
§§ 59-109 through 59-200. Reserved for future codification purposes.
Part 2. Formation; Certificate of Limited Partnership.
Free access — add to your briefcase to read the full text and ask questions with AI
Nearby Sections
15
§ 59-1001
Right of action§ 59-1002
Proper plaintiff§ 59-1003
Pleading§ 59-1004
Expenses§ 59-1005
Dismissal of action§ 59-1006
Construction§ 59-101
Short title§ 59-102
Definitions§ 59-103
Name§ 59-1050
Conversion§ 59-1051
Plan of conversion§ 59-1053
Effects of conversionCite This Page — Counsel Stack
Bluebook (online)
North Carolina § 59-108, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/59/59-108.