Pennsylvania Statutes
§ 9317 — Liability of associates
Pennsylvania·Title 15 CORPORATIONS AND UNINCORPORATED ASSOCIATIONS·Part PART IV·Ch. 93 PROFESSIONAL ASSOCIATIONS
(a)Joint and several liability.--All of the associates of an association are liable, jointly and severally, for:
(1)The torts of any agent or employee of the association committed while the agent or employee is acting within the ordinary course of operation of the association.
(2)The misapplication by any associate of any money or property of a third person if the money or property was received by the association in the ordinary course of its operation.
(b)Joint liability.--All of the associates of an association are liable, jointly, for all debts and legal obligations of the association other than those chargeable under subsection (a).
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Nearby Sections
15
§ 9301
Short title of chapter§ 9302
Application of chapter§ 9303
Definitions§ 9304
Purpose of association§ 9305
Articles of association§ 9306
Board of governors§ 9307
Bylaws§ 9308
Employees§ 9309
Compensation§ 9311
Interests of associates§ 9312
Transfer of interests§ 9313
Redemption of interests§ 9314
Term of existence§ 9315
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