Maine Revised Statutes
Subchapter 3: RELATIONS OF PARTNERS TO PERSONS DEALING WITH PARTNERSHIP
31 §1033. Partnership liable for partner's actionable conduct

§1033. Partnership liable for partner's actionable conduct
1.  Partnership liable for loss, injury or penalty.  A partnership is 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.  
[PL 2005, c. 543, Pt. A, §2 (NEW).]
2.  Partnership liable for misapplication.  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 is liable for the loss.  
[PL 2005, c. 543, Pt. A, §2 (NEW).]
SECTION HISTORY
PL 2005, c. 543, §A2 (NEW).

Structure Maine Revised Statutes