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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>366877</law_id><section_number>50-73.85</section_number><catch_line>Transactions between partner and partnership</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="107" identifier="50">Partnerships</unit><unit label="chapter" level="2" order_by="4" identifier="2.2">Virginia Uniform Partnership Act</unit><unit label="article" level="3" order_by="1" identifier="1">General Provisions</unit></structure><text>
						<section><p>A partner may lend money to and transact other <span class="dictionary">business</span> with the <span class="dictionary">partnership</span>, and as to each loan or transaction, the rights and obligations of the partner are the same as those of a <span class="dictionary">person</span> who is not a partner, subject to other applicable <span class="dictionary">law</span>.</p></section></text><history>1996, c. 292.</history><metadata></metadata></law>
