P.R. Laws tit. 14, § 3957
2019-02-20 00:00:00+00
Except as otherwise provided in a limited liability company agreement, a member or manager may lend money to, borrow money from, act as a surety, guarantor or endorser for, guarantee or assume one (1) or more obligations of, provide collateral for, and transact other business with, a limited liability company and, subject to other applicable law, has the same rights and obligations with respect to any such matter as a person who is not a member or manager.
History —Dec. 16, 2009, No. 164, § 19.07.