Massachusetts § 14 Liability of partnership for partner's misapplication of money or property

Massachusetts Statutes

§ 14 — Liability of partnership for partner's misapplication of money or property

Massachusetts § 14

Part IADMINISTRATION OF THE GOVERNMENT

Title XVREGULATION OF TRADE

Ch. 108APARTNERSHIPS

This text of Massachusetts § 14 (Liability of partnership for partner's misapplication of money or property) is published on Counsel Stack Legal Research, covering Massachusetts primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mass. Gen. Laws ch. 108A, § 14 (2026).

Text

Section 14. The partnership is bound to make good the loss:

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

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Section 14. The partnership is bound to make good the loss:(a) Where one partner acting within the scope of his apparent authority receives money or property of a third person and misapplies it; and(b) 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.

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Bluebook (online)

Massachusetts § 14, Counsel Stack Legal Research, https://law.counselstack.com/statute/ma/108A/14.