{"data":{"id":"us-co/c.r.s.-7-60-114","jurisdiction":"us-co","citation":"C.R.S. § 7-60-114","heading":"Partner's breach of trust - liability.","body":"(1) The partnership is bound to make good the loss:\n\n(a) Where one partner acting within the scope of such partner's apparent authority receives money or property of a third person and misapplies it; and\n\n(b) Where the partnership in the course of its business receives money or property of a third person and the money or property so received is misapplied by any partner while it is in the custody of the partnership.","path":["Title 7 - CORPORATIONS AND ASSOCIATIONS","Article 60 - Uniform Partnership Law"],"source_url":"https://olls.info/crs/crs2026-title-07.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"c91bda11be821fe2fc5d39f6e494e4c0f63ebef907a7e448e10aa30033e990ea","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-7-60-113","next":"us-co/c.r.s.-7-60-115"},"notice":"GroundRules: Original legal text. Not legal advice."}