Nebraska Statutes

§ 67-417 — Partnership liable for partner's actionable conduct

Nebraska § 67-417
JurisdictionNebraska
Ch. 67Partnerships

This text of Nebraska § 67-417 (Partnership liable for partner's actionable conduct) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Neb. Rev. Stat. § 67-417 (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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Legislative History

Source: Laws 1997, LB 523, § 17.

Nearby Sections

15
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Cite This Page — Counsel Stack

Bluebook (online)
Nebraska § 67-417, Counsel Stack Legal Research, https://law.counselstack.com/statute/ne/67-417.