6 Del. C. § 15-119: Business transactions of partner with the partnership.
Where this section sits in the code
- Title 6. Commerce and Trade
- SUBTITLE II
- Other Laws Relating to Commerce and Trade
- CHAPTER 15. Delaware Revised Uniform Partnership Act
- Subchapter I. General Provisions
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 1 or more specific obligations of, provide collateral for and transact other business with, the partnership and, subject to other applicable law, has the same rights and obligations with respect thereto as a person who is not a partner.
Collected 2026-09-05T23:02:06Z. Source file · JSON