State Codes and Statutes

Statutes > New-jersey > Title-42 > Section-42-2a > 42-2a-11

42:2A-11.  Business transactions of partner with partnership    Except as provided in the partnership agreement, a partner may lend money to  and transact 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.

     L.1983, c. 489, s. 11, eff. April 1, 1985.