Vermont Statutes

§ 3407 — Business transactions of partner with partnership

Vermont·Title 11 Title 11: Corporations, Partnerships and Associations·Ch. 23 Chapter 023: Limited Partnerships
Except as provided in the partnership agreement, a partner may lend money to 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. (Added 1997, No. 149 (Adj. Sess.), § 4, eff. Jan. 1, 1999.)

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