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

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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.

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, 2022 | https://codes.findlaw.com/de/title-6-commerce-and-trade/de-code-sect-6-119-nr2/


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