§ 50-73.85 Transactions between partner and partnership
A partner may lend money to and transact other business with the partnership, and as to each loan or transaction, the rights and obligations of the partner are the same as those of a person who is not a partner, subject to other applicable law.
History
This law was first created in 1996. The record of its establishment is cataloged in chapter 292 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year.
1996, c. 292.