Subject to the effect of a certificate of partnership authority under section 8433 (relating to certificate of partnership authority), the following rules apply:
(1) Each partner is an agent of the partnership for the purpose of its business. An act of a partner, including the signing of an instrument in the partnership name, for apparently carrying on in the ordinary course the partnership business or business of the kind carried on by the partnership binds the partnership, unless the partner did not have authority to act for the partnership in the particular matter and the person with which the partner was dealing knew or had notice that the partner lacked authority.
(2) An act of a partner which is not apparently for carrying on in the ordinary course the partnership's business or business of the kind carried on by the partnership binds the partnership only if the partner had actual authority to take the action.
Cross References. Section 8431 is referred to in sections 8432, 8472, 8484 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 15 - CORPORATIONS AND UNINCORPORATED ASSOCIATIONS
Chapter 84 - General Partnerships
Section 8411 - Short title and application of chapter
Section 8413 - Knowledge and notice
Section 8415 - Contents of partnership agreement
Section 8416 - Application of partnership agreement
Section 8417 - Amendment and effect of partnership agreement
Section 8418 - Signing of filed documents
Section 8421 - Partnership as entity
Section 8422 - Formation of partnership
Section 8423 - Partnership property
Section 8424 - When property is partnership property
Section 8431 - Partner agent of partnership
Section 8432 - Transfer of partnership property
Section 8433 - Certificate of partnership authority
Section 8434 - Certificate of denial
Section 8435 - Partnership liable for partner's actionable conduct
Section 8436 - Partner's liability
Section 8437 - Actions by and against partnership and partners
Section 8438 - Liability of purported partner
Section 8441 - Partner's rights and duties
Section 8442 - Becoming a partner
Section 8443 - Form of contribution
Section 8444 - Liability for contribution
Section 8445 - Sharing of and right to distribution before dissolution
Section 8446 - Rights to information
Section 8447 - Standards of conduct for partners
Section 8448 - Actions by partnership and partners
Section 8449 - Continuation of partnership beyond definite term or particular undertaking
Section 8451 - Partner not co-owner of partnership property
Section 8452 - Nature of transferable interest
Section 8453 - Transfer of transferable interest
Section 8455 - Power of personal representative of deceased partner
Section 8461 - Events causing dissociation
Section 8462 - Power to dissociate as partner and wrongful dissociation
Section 8463 - Effects of dissociation
Section 8471 - Purchase of interest of person dissociated as partner
Section 8472 - Power to bind and liability of person dissociated as partner
Section 8473 - Liability of person dissociated as partner to other persons
Section 8474 - Certificate of dissociation
Section 8475 - Continued use of partnership name
Section 8481 - Events causing dissolution
Section 8482 - Winding up and filing of certificates
Section 8484 - Power to bind partnership after dissolution
Section 8485 - Liability after dissolution
Section 8486 - Disposition of assets in winding up and required contributions