New Jersey Statutes

§ 42:1A-13 — Partner considered agent of partnership; limitation

New Jersey § 42:1A-13
JurisdictionNew Jersey
Title 42PARTNERSHIPS AND PARTNERSHIP ASSOCIATIONS

This text of New Jersey § 42:1A-13 (Partner considered agent of partnership; limitation) is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.J. Stat. Ann. § 42:1A-13 (2026).

Text

13.Subject to the effect of a statement of partnership authority under section 15 of this act: a. Each partner is an agent of the partnership for the purpose of its business. An act of a partner, including the execution of an instrument in the partnership name, for apparently carrying on in the ordinary course the partnership business or business of the kind carried on by the partnership binds the partnership, unless the partner had no authority to act for the partnership in the particular matter and the person with whom the partner was dealing knew or had received a notification that the partner lacked authority.
b.An act of a partner which is not apparently for carrying on in the ordinary course the partnership business or business of the kind carried on by the partnership binds the pa

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Bluebook (online)
New Jersey § 42:1A-13, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/42%3A1A-13.