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Statutes > Rhode-island > Title-7 > Chapter-7-12 > 7-12-25

SECTION 7-12-25

§ 7-12-25 Partnership bound by partner'sbreach of trust. – The partnership is bound to make good the loss:

(1) Where one partner acting within the scope of his or herapparent authority receives money or property of a third person and misappliesit; and

(2) Where the partnership in the course of its businessreceives money or property of a third person and the money or property soreceived is misapplied by any partner while it is in the custody of thepartnership.

State Codes and Statutes

Statutes > Rhode-island > Title-7 > Chapter-7-12 > 7-12-25

SECTION 7-12-25

§ 7-12-25 Partnership bound by partner'sbreach of trust. – The partnership is bound to make good the loss:

(1) Where one partner acting within the scope of his or herapparent authority receives money or property of a third person and misappliesit; and

State Codes and Statutes

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State Codes and Statutes

Statutes > Rhode-island > Title-7 > Chapter-7-12 > 7-12-25

SECTION 7-12-25

§ 7-12-25 Partnership bound by partner'sbreach of trust. – The partnership is bound to make good the loss:

(1) Where one partner acting within the scope of his or herapparent authority receives money or property of a third person and misappliesit; and

State Codes and Statutes

SECTION 7-12-25

State Codes and Statutes

SECTION 7-12-25

State Codes and Statutes

State Codes and Statutes

SECTION 7-12-25

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