Montana § 35-10-305 Partnership Liable For Partner's Actionable Conduct

Montana Statutes

§ 35-10-305 — Partnership Liable For Partner's Actionable Conduct

Montana § 35-10-305

Title 35CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

Ch. 10PARTNERSHIPS IN GENERAL

Part 3Relation of Partner and Partnership to Other Persons

This text of Montana § 35-10-305 (Partnership Liable For Partner's Actionable Conduct) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 35-10-305 (2026).

Text

35-10-305 . Partnership liable for partner's actionable conduct.

(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 the authority of the partnership.

(2)If, in the course of its business, a partnership receives money or property of a person not a partner and that money or property is misapplied by a partner while it is in the custody of the partnership, the partnership is liable for the loss.

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

35-10-305 . Partnership liable for partner's actionable conduct. (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 the authority of the partnership.
(2) If, in the course of its business, a partnership receives money or property of a person not a partner and that money or property is misapplied by a partner while it is in the custody of the partnership, the partnership is liable for the loss.