Arizona § 29-307 - Business transactions of partner with partnership

Full text of Arizona Arizona Revised Statutes § 29-307 — Business transactions of partner with partnership, with citation guidance and answers to common questions.

§ 29-307. 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 with respect thereto as a person who is not a partner.

Source: official Arizona text · Last verified 2026-08-27

Frequently Asked Questions About Arizona § 29-307

What does Arizona Revised Statutes § 29-307 cover?

Section 29-307 ("Business transactions of partner with partnership") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Arizona § 29-307?

A common citation format is "Arizona Revised Statutes § 29-307" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Arizona law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.

How does Arizona § 29-307 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.