(a) General rule.--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 other actionable conduct, of a partner acting in the ordinary course of business of the partnership or with the actual or apparent authority of the partnership.
(b) Misapplication of property.--If, in the course of the partnership's business or while acting with actual or apparent 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.
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