R.I. Gen. Laws § 7-13.1-403: Limited partnership liable for general partner’s actionable conduct.
Where this section sits in the code
- Title 7 Corporations, Associations, and Partnerships
- Chapter 13.1 Uniform Limited Partnership Act
- Part 4 General Partners
(a) A limited 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 general partner acting in the ordinary course of activities and affairs of the partnership or with the actual or apparent authority of the partnership.
(b) If, in the course of a limited partnership’s activities and affairs or while acting with actual or apparent authority of the partnership, a general 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 general partner, the partnership is liable for the loss.
Collected 2026-09-05T19:53:09Z. Source file · JSON