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Delaware Code Title 6. Commerce and Trade §  15-119. Business transactions of partner with the partnership

Current as of January 01, 2026 | Updated by Findlaw Staff

Except as provided in the partnership agreement, a partner may lend money to, borrow money from, act as a surety, guarantor or endorser for, guarantee or assume 1 or more specific obligations of, provide collateral for and transact other business with, the partnership and, subject to other applicable law, has the same rights and obligations with respect thereto as a person who is not a partner.

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Cite this article: FindLaw.com - Delaware Code Title 6. Commerce and Trade §  15-119. Business transactions of partner with the partnership - last updated January 01, 2026 | https://codes.findlaw.com/de/title-6-commerce-and-trade/de-code-sect-6-119-nr2/

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