{"data":{"id":"us-mi/mich.-comp.-laws-449.14","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 449.14","heading":"Partnership; effect of partner's breach of trust.","body":"Sec. 14.\n\n(Partnership bound by partner's breach of trust). The partnership is bound to make good the loss:\n\nWhere 1 partner acting within the scope of his apparent authority receives money or property of a third person and misapplies it; and\n\nWhere 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":["MI Code","Chapter 449","Act Act-72-of-1917"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-449-14","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"05821cd4021da9fb32d62ecaa69d043bcb519fceafbbf22a494017b8af7ac138","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-449.13","next":"us-mi/mich.-comp.-laws-449.15"},"notice":"GroundRules: Original legal text. Not legal advice."}