{"data":{"id":"us-de/6-del.-c.-18-107","jurisdiction":"us-de","citation":"6 Del. C. § 18-107","heading":"Business transactions of member or manager with the limited liability company.","body":"Except as provided in a limited liability company agreement, a member or manager may lend money to, borrow money from, act as a surety, guarantor or endorser for, guarantee or assume 1 or more obligations of, provide collateral for, and transact other business with, a limited liability company and, subject to other applicable law, has the same rights and obligations with respect to any such matter as a person who is not a member or manager.","path":["Title 6. Commerce and Trade","SUBTITLE II","Other Laws Relating to Commerce and Trade","CHAPTER 18. Limited Liability Company Act","Subchapter I. General Provisions"],"source_url":"https://delcode.delaware.gov/title6/c018/sc01/index.html#18-107","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:07Z","sha256":"4aba0cb60d2fa8d2e6d84d2ce058064b1b88269657c4c0a6f3d2fee101558b92","source_id":"us-de","stale":true,"prev":"us-de/6-del.-c.-18-106","next":"us-de/6-del.-c.-18-108"},"notice":"GroundRules: Original legal text. Not legal advice."}