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Ohio Rev. Code Ann. § 1776.35

Partnership liable for partner's actionable conduct

Known as the Ohio Uniform Partnership Act

The act spans §§ 1776–1776 (73 sections).

Effective: August 6, 2008; Latest Legislation: House Bill 332 - 127th General Assembly

(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 authority of the partnership.

(B) A partnership is liable for the loss if, in the course of the partnership's business or while acting with authority of the partnership, a partner receives or causes the partnership to receive money or property of a person not a partner, and a partner misapplies the money or property.

Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.