35-12-510. Business transactions of partner with the partnership. A partner may lend money to and transact other business with the limited partnership and has the same rights and obligations with respect to the loan or other transaction as a person that is not a partner.
History: En. Sec. 10, Ch. 522, L. 1981; amd. Sec. 12, Ch. 216, L. 2011.
Structure Montana Code Annotated
Title 35. Corporations, Partnerships, and Associations
Chapter 12. Limited Partnerships
35-12-502. Construction and application
35-12-506. Reservation of name
35-12-508. Required information
35-12-509. Nature, purpose, and duration of entity
35-12-510. Business transactions of partner with the partnership
35-12-511. Knowledge and notice
35-12-514. Supplemental principles of law -- rate of interest
35-12-515. Effect of partnership agreement -- nonwaivable provisions
35-12-516. Consent and proxies of partners
35-12-517. through 35-12-520 reserved