North Dakota § 45-15-05 (305) Partnership liable for partner's actionable conduct

North Dakota Statutes

§ 45-15-05 — (305) Partnership liable for partner's actionable conduct

North Dakota § 45-15-05

Title 45Partnerships

Ch. 45-15Relations of Partners to Persons Dealing With Partnership

This text of North Dakota § 45-15-05 ((305) Partnership liable for partner's actionable conduct) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.D. Cent. Code § 45-15-05 (2026).

Text

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.

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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.