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Illinois · Through at least Public Act 104-790

805 ILCS 215/112: Business transactions of partner with partnership.

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Where this section sits in the code
  1. CHAPTER 805 BUSINESS ORGANIZATIONS
  2. Uniform Limited Partnership Act (2001).

A partner may lend money to and transact other business with the limited partnership and has the same rights and obligations with respect to the loan or other transaction as a person that is not a partner.

Collected 2026-09-15T04:46:47Z. Source file · JSON

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