TITLE XXVIII
PARTNERSHIPS

CHAPTER 304-B
UNIFORM LIMITED PARTNERSHIP ACT

General Provisions

Section 304-B:7

    304-B:7 Business Transactions of Partner With Partnership. – 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.

Source. 1987, 349:1, eff. Jan. 1, 1988.