§425-119  Liability of purported partner. (a)  If a person, by word or conduct, purports to be a partner, or consents tobeing represented by another as a partner, in a partnership or with one or morepersons not partners, the purported partner is liable to a person to whom therepresentation is made, if that person, relying on the representation, entersinto a transaction with the actual or purported partnership.  If therepresentation, either by the purported partner or by a person with thepurported partner's consent, is made in a public manner, the purported partneris liable to a person who relies upon the purported partnership even if thepurported partner is not aware of being held out as a partner to the claimant. If partnership liability results, the purported partner is liable with respectto that liability as if the purported partner were a partner.  If nopartnership liability results, the purported partner is liable with respect tothat liability jointly and severally with any other person consenting to therepresentation.

(b)  If a person is thus represented to be apartner in an existing partnership, or with one or more persons not partners,the purported partner is an agent of persons consenting to the representationto bind them to the same extent and in the same manner as if the purportedpartner were a partner, with respect to persons who enter into transactions inreliance upon the representation.  If all of the partners of the existingpartnership consent to the representation, a partnership act or obligationresults.  If fewer than all of the partners of the existing partnership consentto the representation, the person acting and the partners consenting to therepresentation are jointly and severally liable.

(c)  Except as otherwise provided insubsections (a) and (b), persons who are not partners as to each other are notliable as partners to other persons. [L 1999, c 284, pt of §1]