Skip to Content
December 22, 2024 Clouds | 16°F
The 193rd General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part I ADMINISTRATION OF THE GOVERNMENT
  3. Title XV REGULATION OF TRADE
  4. Chapter 109 LIMITED PARTNERSHIP
  5. Section 7 Partners transacting business with partnership

Section 7

Section 7: Partners transacting business with partnership

Section 7. 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.