Wyoming Statutes
§ 17-21-305 — Partnership liable for partner's actionable conduct
Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 21 UNIFORM PARTNERSHIP ACT·Art. 3 RELATIONS OF PARTNERS TO PERSONS
(a)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 the
authority of the partnership.
(b)If in the course of its business, a partnership
receives money or property of a person not a partner which is
misapplied by a partner while it is in the custody of the
partnership, the partnership is liable for the loss.
Free access — add to your briefcase to read the full text and ask questions with AI
Wyoming § 17-21-305 (Partnership liable for partner's actionable conduct) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 17-21-1001
Uniformity of application and construction§ 17-21-1002
Short title§ 17-21-1003
Application to existing relationships§ 17-21-101
Definitions§ 17-21-102
Knowledge and notice§ 17-21-104
Supplemental principles of law§ 17-21-106
Law governing internal affairs§ 17-21-108
Powers§ 17-21-1101
Registered limited liability partnerships§ 17-21-1102
Effect of registration; entity unchanged