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2017 New Jersey Revised Statutes
TITLE 42 - PARTNERSHIPS AND PARTNERSHIP ASSOCIATIONS
Section 42:2A-11 - Business transactions of partner with partnership
Universal Citation: NJ Rev Stat § 42:2A-11 (2017)
42:2A-11. Business transactions of partner with partnership
Except as provided in the partnership agreement, a partner may lend money to and transact 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.
L.1983, c. 489, s. 11, eff. April 1, 1985.
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