North Carolina Statutes

§ 59-108 — Business transactions of partner with the partnership

North Carolina·Ch. 59 Partnership·Art. 5 Revised Uniform Limited Partnership Act
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.

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