Business transactions of partner with the limited partnership

§ 359.071 RSMo — under Uniform Limited Partnership Law.

§ 359.071 RSMo

359.071. Business transactions of partner with the limited 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.

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(L. 1985 H.B. 512 & 650)

Effective 1-01-87