Virginia Code

Va. Code Ann. § 50-73.85 (2026)

Transactions between partner and partnership

✓ current as of May 2026

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A partner may lend money to and transact other business with the partnership, and as to each loan or transaction, the rights and obligations of the partner are the same as those of a person who is not a partner, subject to other applicable law.

1996, c. 292.

Notes of Decisions

Cited in 3 cases (3 in the last 5 years), 2024–2024 · leading case: Danial Selario, etc. v. Cynthia Sullivan (Va. Ct. App. 2024).

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Danial Selario, etc. v. Cynthia Sullivan (Va. Ct. App. 2024). · cites it 2× “Code § 50-73.85. When a partner contributes capital to the partnership other than a loan, however, that contribution is credited to the partner’s “capital account.”

Danette Mertz v. Cynthia Sullivan (Va. Ct. App. 2024). · cites it 2× “Code § 50-73.85. When a partner contributes capital to the partnership other than a loan, however, that contribution is credited to the partner’s “capital account.”

Cynthia Sullivan v. Danial Selario, as Adm'r of the Est. of Christopher Selario, e (Va. Ct. App. 2024). · cites it 2× “Code § 50-73.85. When a partner contributes capital to the partnership other than a loan, however, that contribution is credited to the partner’s “capital account.”

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