Except as provided in the partnership agreement, a partner may lend money to and transact other business with the limited partnership and, subject to other applicable law, has the same rights and obligations as a person who is not a partner.
AS 32.11.860
Business transactions of partner with partnership
Known as the Alaska Revised Limited Partnership Act
The act spans §§ 32–32 (65 sections).
Official source: Alaska State Legislature. Reproduced from public-domain Alaska statutes; confirm against the official source for the current text. Not legal advice.