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2019 Hawaii Revised Statutes
TITLE 23. CORPORATIONS AND PARTNERSHIPS
425E. Uniform Limited Partnership Act
425E-403 Limited partnership liable for general partner's actionable conduct.

Universal Citation: HI Rev Stat § 425E-403 (2019)
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§425E-403 Limited partnership liable for general partner's actionable conduct. (a) A limited partnership shall be 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 general partner acting in the ordinary course of activities of the limited partnership or with authority of the limited partnership.

(b) If, in the course of the limited partnership's activities or while acting with authority of the limited partnership, a general partner receives or causes the limited partnership to receive money or property from a person not a partner, and the money or property is misapplied by a general partner, the limited partnership shall be liable for the loss. [L 2003, c 210, pt of §1]

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