Arizona Statutes

§ 29-1025 — Partnership liable for partner's actionable conduct

Arizona § 29-1025
JurisdictionArizona
Title 29Arizona Revised Statutes
Ch. 5REVISED UNIFORM PARTNERSHIP ACT
Art. 3Relations of Partners to Persons Dealing with Partnership

This text of Arizona § 29-1025 (Partnership liable for partner's actionable conduct) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ariz. Rev. Stat. Ann. § 29-1025 (2026).

Text

A.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.
B.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 who is not a partner, and the money or property is misapplied by a partner, the partnership is liable for the loss.

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Related

1800 OCOTILLO, LLC v. WLB Group, Inc.
196 P.3d 222 (Arizona Supreme Court, 2008)
32 case citations

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Cite This Page — Counsel Stack

Bluebook (online)
Arizona § 29-1025, Counsel Stack Legal Research, https://law.counselstack.com/statute/az/29-1025.