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Code · New Jersey · Title 42 — Recreation and Sports · Chapter 2A

42:2A-11. Business transactions of partner with partnership

52 words·~1 min read·/nj/title-42/chapter-2a/42-2a-11

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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.
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