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Borrowing from an LLP is no illegal but should at minimum be documented by a promissory note and should comply with any provisions of an LLP agreement. To minimize risk of upsetting partners or being accused of embezzling it would be best to seek approval even if under the amount permitted by agreement.
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If an amount is borrowed and paid back without a formal written document, the transaction can be documented by memorandum. The agreement whether written or otherwise is already satisfied and therefore can not be post documented by can be documented as satisfied if desired so there is proof it was paid back. This is not necessary however, can be used to document what occurred.
In the future if borrowing occurs it should be documented by a promissory note and agreed to by all parties.
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