Vt. Stat. tit. 11 § 3407

Current through L. 2024, c. 185.
Section 3407 - Business transactions of partner with partnership

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.

11 V.S.A. § 3407

Added 1997, No. 149 (Adj. Sess.), § 4, eff. 1/1/1999.