A partner may lend money to and transact other business with the limited partnership and, subject to s. 620.1408 and any other applicable provisions of this act, a partner has the same rights and obligations with respect to the loan or other transaction as a person that is not a partner.
Fla. Stat. § 620.1112
Business transactions of partner with partnership
Known as the Florida Revised Uniform Limited Partnership Act
The act spans §§ 620–620 (121 sections).
History.--s. 17, ch. 2005-267.
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.