BUSINESS TRANSACTIONS BETWEEN PARTNER AND PARTNERSHIP.

Tex. BUS. ORGS Code § 154.201.
in effect
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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.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

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