Section 38: Dealings by partners with limited partnership
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
38. Dealings by partners with limited partnership
(1) Except as otherwise provided in the partnership agreement, a partner
may lend money to, borrow money from, and enter into transactions with,
the limited-partnership.
(2) A limited partner having, with respect to anything done under subsection (1), a claim against the assets of the limited partnership shall rank as a
creditor of the limited partnership in respect of such claim.
(3) For the purposes of this section, the claim described in subsection (2)
shall not include a claim for return of capital contributions.
PART VI – RECORDS AND AUDIT
Sub-Part A – Records