Loan of association's credit, name or capital

N.J.S.A. 42:3-12, under Chapter 3.

N.J.S.A. 42:3-12

42:3-12. Loan of association's credit, name or capital

No limited partnership association shall loan its credit, its name or its capital to any of its members; but such loan may be made to any other person or association, with the consent in writing of a majority of the members in number and value of interest.