State Codes and Statutes

Statutes > South-dakota > Title-48 > Chapter-07 > Statute-48-7-107

48-7-107. 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: SL 1986, ch 391, § 107.

State Codes and Statutes

Statutes > South-dakota > Title-48 > Chapter-07 > Statute-48-7-107

48-7-107. 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: SL 1986, ch 391, § 107.


State Codes and Statutes

State Codes and Statutes

Statutes > South-dakota > Title-48 > Chapter-07 > Statute-48-7-107

48-7-107. 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: SL 1986, ch 391, § 107.