State Codes and Statutes
Statutes > North-carolina > Chapter_59 > GS_59-39_1§59‑39.1. Act, admission or acknowledgment by partner.
After a cause of action hasaccrued on any obligation of a partnership, any act, admission oracknowledgment by any partner acting in the ordinary course of the business ofthe partnership or with the authority of his copartners which removes the barof the statute of limitations or causes the statutes to begin running anew withrespect to the partner doing such act or making such admission oracknowledgment has a like effect with respect to all of the partners and withrespect to partnership liability, but when any partner is not so acting anddoes not have the authority of his copartners, any act, admission oracknowledgment by such partner which removes the bar of the statute oflimitations or causes the statute to begin running anew has such effect only asto the partner doing such act or making such admission or acknowledgment, andshall not renew, extend or in any manner impose liability of any kind againstany partner who has not authorized or ratified the same nor against thepartnership. (1953, c. 1076, s. 2.)
