{"data":{"id":"us-nc/n.c.-gen.-stat.-59-44","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 59-44","heading":"Partnership bound by partner's breach of trust.","body":"The partnership is bound to make good the loss:\n(1)\tWhere one partner acting within the scope of his apparent authority receives money or property of a third person and misapplies it; and\n(2)\tWhere 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. (1941, c. 374, s. 14.)","path":["Chapter 59. Partnership.","Article 2. Uniform Partnership Act.","Part 3. Relations of Partners to Persons Dealing with the Partnership."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_59/GS_59-44.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:07:02Z","sha256":"d7ab8d4773d700722cb03230a841d6fb52c1c0b6b6dbd432dd268f150bdb2f7c","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-59-43","next":"us-nc/n.c.-gen.-stat.-59-45"},"notice":"GroundRules: Original legal text. Not legal advice."}