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Code · South Dakota · Title 48 · Chapter 48-7

48-7-107. Business transactions of partner with partnership.

44 words·~1 min read·/sd/title-48/chapter-48-7/48-7-107

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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.
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