Except as otherwise provided in subsection (b), relations among the partners and between the partners and the partnership are governed by the partnership agreement. To the extent the partnership agreement does not otherwise provide, this chapter governs relations among the partners and between the partners and the partnership.
The partnership agreement may not:
The partnership agreement may identify specific types or categories of activities that do not violate the duty of loyalty, if not manifestly unreasonable; or
All of the partners or a number or percentage specified in the partnership agreement may authorize or ratify, after full disclosure of all material facts, a specific act or transaction that otherwise would violate the duty of loyalty;
Structure Mississippi Code
Title 79 - Corporations, Associations, and Partnerships
Chapter 13 - Uniform Partnership Act (1997)
Article 1 - General Provisions
§ 79-13-102. Knowledge and notice
§ 79-13-103. Effect of partnership agreement; nonwaivable provisions
§ 79-13-104. Supplemental principles of law
§ 79-13-105. Execution, filing, and recording of statements
§ 79-13-107. Partnership subject to amendment or repeal of chapter