Wyoming Statutes

Wyo. Stat. § 17-14-208 (2026)

Business transactions of partner with

✓ current as of May 2026

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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.

Notes of Decisions

Cited in 2 cases, 2015–2015 · leading case: Wallop Canyon Ranch, LLC v. Goodwyn, 351 P.3d 943 (Wyo. 2015).

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Wallop Canyon Ranch, LLC v. Goodwyn, 351 P.3d 943 (Wyo. 2015). · cites it 2× “This is borne out by a WULPA statute: "Except as provided in the partnership agreement, a [limited partner or general 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…”

Wallop Canyon Ranch, LLC, a Wyoming Ltd. Liab. Co. v. Scott Madison Goodwyn, individually, as a Ltd. Partner, for himself & derivatively on behalf of the Wallop Fam. Ltd. P'ship, a Wyoming Ltd. P'ship, 2015 WY 81 (Wyo. 2015). · cites it 2× “This is borne out by a WULPA statute: “Except as provided in the partnership agreement, a [limited partner or general 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…”

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