North Dakota Statutes

§ 45-15-08 — (308) Liability of purported partner

North Dakota·Title 45 Partnerships·Ch. 45-15 Relations of Partners to Persons Dealing With Partnership
1.If a person, by words or conduct, purports to be a partner, or consents to being represented by another as a partner, in a partnership or with one or more persons not partners, the purported partner is liable to a person to whom the representation is made, if that person, relying on the representation, enters into a transaction with the actual or purported partnership. If the representation, either by the purported partner or by a person with the purported partner's consent, is made in a public manner, the purported partner is liable to a person who relies upon the purported partnership even if the purported partner is not aware of being held out as a partner to the claimant. If partnership liability results, the purported partner is liable with respect to that liability as if the purp

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

North Dakota § 45-15-08 ((308) Liability of purported partner) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
View on official source ↗