- (a) A partnership shall be liable for loss or injury caused to a person, or for a penalty incurred, as a result of a wrongful act or omission, or other actionable conduct, of a partner acting in the ordinary course of business of the partnership or with authority of the partnership.
- (b) If, in the course of the partnership’s business or while acting with authority of the partnership, a partner receives or causes the partnership to receive money or property of a person not a partner, and the money or property is misapplied by a partner, the partnership shall be liable for the loss.
History
July 2, 2011, D.C. Law 18-378, § 2, 58 DCR 1720
Editor's Notes
Uniform Law: This section is based on § 305 of the Uniform Partnership Act (1997 Act).
Prior Codifications
1981 Ed., § 41-153.5.
2001 Ed., § 33-103.05.