{"data":{"id":"us-sc/s.c.-code-ann.-33-41-360","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 33-41-360","heading":"Partnership is bound by partner's breach of trust.","body":"The partnership is bound to make good the loss:\n(1) When one partner acting within the scope of his apparent authority receives money or property of a third person and misapplies it; and\n(2) When 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 33 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 41 Uniform Partnership Act","ARTICLE 5 Relations of Partners to Persons Dealing With Partnership"],"source_url":"https://www.scstatehouse.gov/code/t33c041.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:04:24Z","sha256":"a9b46563912c3d6b44e5eab613855c4849dc63bb950557d123ab5551ee0b6680","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-33-41-350","next":"us-sc/s.c.-code-ann.-33-41-370"},"notice":"GroundRules: Original legal text. Not legal advice."}