General Laws of Massachusetts (Last Updated: January 16, 2020) |
PART I ADMINISTRATION OF THE GOVERNMENT |
TITLE XV. REGULATION OF TRADE |
CHAPTER 109. LIMITED PARTNERSHIP |
SECTION 7. Partners transacting business with partnership
Latest version.
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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.