Nebraska Statutes

§ 67-239 — Partner; transactions with partnership

Nebraska·Ch. 67 Partnerships
Except as provided in the partnership agreement, a partner may lend money to, borrow money from, act as a surety, guarantor, or endorser for, guarantee or assume one or more specific obligations of, provide collateral for, and transact other business with the limited partnership and, subject to other applicable law, has the same rights and obligations with respect thereto as a person who is not a partner.

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Legislative History

Source: Laws 1981, LB 272, § 7; Laws 1989, LB 482, § 11.

Nearby Sections

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