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Me. Rev. Stat. tit. 31, § 1312

Business transactions of partner with partnership

PL 2005, c. 543, §C2 (NEW).

A partner may lend money to and transact other business with the limited partnership and has the same rights and obligations with respect to the loan or other transaction as a person that is not a partner.

Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.