Sec. 32.11.850. Nature of business.
A limited partnership may carry on business that a partnership without limited partners may carry on.
Sec. 32.11.860. 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 as a person who is not a partner.