Section 121-108. Business transactions of partner with the partnership  


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  • Except as may be provided in the partnership agreement,  a  partner  may
      lend  money  to,  borrow  money  from, act as a guarantor or surety for,
      provide collateral for the obligations of, 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.