GroundRules
N.C. Gen. Stat. § 59-108: Business transactions of partner with the partnership.
Where this section sits in the code
- Chapter 59. Partnership.
- Article 5. Revised Uniform Limited Partnership Act.
- Part 1. General Provisions.
Except as provided in the partnership agreement, a partner may lend money to and transact other business with the limited partnership and, subject to G.S. 59-804 and other applicable law, has the same rights and obligations with respect thereto as a person who is not a partner. (1985 (Reg. Sess., 1986), c. 989, s. 2.)
Collected 2026-08-27T18:07:02Z. Source file · JSON