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 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.
Del. Code tit. 6, §§ 17-107
Business transactions of partner with the partnership
Known as the Delaware Revised Uniform Limited Partnership Act
The act spans §§ 6–6 (111 sections).
6 Del
Official source: Delaware Code Online. Reproduced from public-domain Delaware statutes; confirm against the official source for the current text. Not legal advice.