Tennessee Statutes
§ 61-2-108 — Rights and obligations of partner
Tennessee·Title 61
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 (1) 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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Related
Kesterson Foods v. Scott
932 S.W.2d 935 (Court of Appeals of Tennessee, 1996)
Legislative History
Acts 1988, ch. 922, § 1; 1989, ch. 270, § 9.
Nearby Sections
15
§ 61-1-1002
Registered office - Registered agent§ 61-1-1003
Name§ 61-1-1006
Certificate of existence§ 61-1-101
Chapter definitions§ 61-1-102
Knowledge and notice§ 61-1-104
Supplemental principles of law§ 61-1-106
Governing law§ 61-1-1201
Uniformity of application and construction§ 61-1-1202
Short title