Section 10-9C-112 (Effective January 1, 2010) Business transactions of partner with partnership.
Section 10-9C-112
(Effective January 1, 2010) Business transactions of partner with partnership.
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.
(Act 2009-621, §1.)