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2019 Wyoming Statutes
Title 17 - Corporations, Partnerships and Associations
Chapter 21 - Uniform Partnership Act
Article 3 - Relations of Partners to Persons Dealing With Partnership
Section 17-21-305 - Partnership Liable for Partner's Actionable Conduct.
Universal Citation: WY Stat § 17-21-305 (2019)
17-21-305. Partnership liable for partner's actionable conduct.
(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 the authority of the partnership.
(b) If in the course of its business, a partnership receives money or property of a person not a partner which is misapplied by a partner while it is in the custody of the partnership, the partnership is liable for the loss.
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