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Tex. Business Organizations Code § 154.201

BUSINESS TRANSACTIONS BETWEEN PARTNER AND PARTNERSHIP

Texas · Texas Business Organizations Code · Status: effective

Business & Commerce
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Tex. Business Organizations Code § 154.201, BUSINESS TRANSACTIONS BETWEEN PARTNER AND PARTNERSHIP, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/584197
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Except as otherwise provided by the partnership agreement, a partner may lend money to and transact other business with the partnership. Subject to other applicable law, a partner has the same rights and obligations with respect to those matters as a person who is not a partner.