New Hampshire Statutes
§ 304-A:14 — Partnership Bound by Partner's Breach of Trust
New Hampshire § 304-A:14
JurisdictionNew Hampshire
Title XXVIIIPARTNERSHIPS
Ch. 304-AUNIFORM PARTNERSHIP ACT
SubdivisionRelation of Partners to Persons Dealing With the Partnership
This text of New Hampshire § 304-A:14 (Partnership Bound by Partner's Breach of Trust) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.H. Rev. Stat. Ann. § 304-A:14 (2026).
Text
The partnership is bound to make good the loss:
I.Where one partner acting within the scope of his apparent authority receives money or property of a third person and misapplies it; and
II.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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Legislative History
1973, 378:1, eff. Aug. 29, 1973.
Nearby Sections
15
§ 304-A:1
Name of Chapter§ 304-A:15
Nature of Partner's Liability§ 304-A:16
Partner by Estoppel§ 304-A:17
Liability of Incoming Partner§ 304-A:19
Partnership Books§ 304-A:2
Definition of Terms§ 304-A:20
Duty of Partners to Render Information§ 304-A:21
Partner Accountable as a Fiduciary§ 304-A:22
Right to an AccountCite This Page — Counsel Stack
Bluebook (online)
New Hampshire § 304-A:14, Counsel Stack Legal Research, https://law.counselstack.com/statute/nh/304-A/304-A%3A14.