Notice to any partner of any matter relating to partnership affairs, the knowledge of the partner acting in the particular matter, acquired while a partner or then present to his mind, and the knowledge of any other partner who reasonably could and should have communicated it to the acting partner, operate as notice to or knowledge of the partnership, except in the case of a fraud on the partnership committed by or with the consent of that partner.
S.C. Code Ann. § 33-41-340
Notice to or knowledge of partner
Known as the Uniform Partnership Act
The act spans §§ 33–33 (61 sections).
1962 Code SECTION 52-24; 1952 Code SECTION 52-24; 1950 (46) 1841.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.