West Virginia Statutes

§ 47-9-7 — Business transactions of partner with partnership

West Virginia·Ch. 47 REGULATION OF TRADE·Art. 9 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 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

1981 Reg. Sess., HB987; 1953 Reg. Sess., HB171

Nearby Sections

15
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