{"data":{"id":"us-md/md.-code-corporations-and-associations-10-107","jurisdiction":"us-md","citation":"Md. Code, Corporations and Associations § 10–107","heading":"","body":"(a) 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.\n(b) Except in the case of action or failure to act by a partner which constitutes willful misconduct or recklessness, and subject to the standards and restrictions, if any, set forth in its partnership agreement, a limited partnership has the power to indemnify and hold harmless any partner, employee, or agent of the limited partnership from and against any and all claims and demands whatsoever.","path":["Article - Corporations and Associations"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gca\u0026section=10-107","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:43Z","sha256":"749831e69b454283b7eb73285e774549ced2d179c495a9fa74538c41ba590338","source_id":"us-md","stale":false,"prev":"us-md/md.-code-corporations-and-associations-10-106","next":"us-md/md.-code-corporations-and-associations-10-108"},"notice":"GroundRules: Original legal text. Not legal advice."}