Georgia § 14-8-14 Recovery from partnership for loss caused by wrongful act of partner

Georgia Statutes

§ 14-8-14 — Recovery from partnership for loss caused by wrongful act of partner

Georgia § 14-8-14

Title14

This text of Georgia § 14-8-14 (Recovery from partnership for loss caused by wrongful act of partner) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 14-8-14 (2026).

Text

The partnership is bound to make good the loss:

(1)Where one partner acting within the scope of his apparent authority receives money or property of a third person and misapplies it; and (2) Where 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.

Free access — add to your briefcase to read the full text and ask questions with AI

The partnership is bound to make good the loss: (1) Where one partner acting within the scope of his apparent authority receives money or property of a third person and misapplies it; and (2) Where 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.