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 with respect thereto as a person who is not a partner.
W. Va. Code § 47-9-7
Business transactions of partner with partnership
Known as the Uniform Limited Partnership Act
The act spans §§ 47–47 (65 sections).
Applied in 1 court decision — leading case 205 W. Va. 56 - Szturm v. Huntington Blizzard Hockey Associates Ltd. Partnership (1999)
Most recently applied in 205 W. Va. 56 - Szturm v. Huntington Blizzard Hockey Associates Ltd. Partnership (May 1999)
Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.