NRS 87.4329
Partnership liable for actionable conduct of partner.

1.

A 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 partner acting in the ordinary course of business of the partnership or with authority of the partnership.

2.

If, in the course of the partnership’s business or while acting with authority of the partnership, a 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 partner, the partnership is liable for the loss.

Source: Section 87.4329 — Partnership liable for actionable conduct of partner., https://www.­leg.­state.­nv.­us/NRS/NRS-087.­html#NRS087Sec4329.

Last Updated

Jun. 24, 2021

§ 87.4329’s source at nv​.us