Statutes > Arkansas Statutes > Title 4 - Business and Commercial Law > Subtitle 4 - Partnerships > Chapter 47 - Uniform Limited Partnership Act (2001) > Subchapter 1 - General Provisions > § 4-47-112 - Business transactions of partner with partnership.

§ 4-47-112 - Business transactions of partner with partnership.

4-47-112. 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.