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Kentucky · Snapshot 09/05/2026

KRS 362.1-305: Partnership liable for partner's actionable conduct.

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    (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

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