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2011 Maine Revised Statutes
TITLE 31: PARTNERSHIPS AND ASSOCIATIONS
Chapter 19: UNIFORM LIMITED PARTNERSHIP ACT
31 §1312. Business transactions of partner with partnership


31 ME Rev Stat § 1312 (2011 through 125th Legis) What's This?

Subchapter 1: GENERAL PROVISIONS HEADING: PL 2005, C. 543, PT. C, §2 (NEW)

§1312. Business transactions of partner with 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. [2005, c. 543, Pt. C, §2 (NEW).]

SECTION HISTORY

2005, c. 543, §C2 (NEW).

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