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2025 California Code
Corporations Code - CORP
TITLE 2 - PARTNERSHIPS
CHAPTER 5 - Uniform Partnership Act of 1994
ARTICLE 3 - Relations of Partners to Persons Dealing with Partnership
Section 16305.
Universal Citation:
CA Corp Code § 16305 (2025)
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16305. (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) 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 the money or property is misapplied by a partner, the partnership is liable for the loss.
(Added by Stats. 1996, Ch. 1003, Sec. 2. Effective January 1, 1997.)
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