KRS 362.1-305: Partnership liable for partner's actionable conduct.
Where this section sits in the code
(1) 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.
(2) 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 misap plied by a
partner, then the partnership is liable for the loss.
Collected 2026-09-05T20:58:57Z. Source file · JSON