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Partnership Bound by Partner's Breach of Trust.

RSA 304-A:14
in effect
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304-A:14. Partnership Bound by Partner's Breach of Trust. The partnership is bound to make good the loss: I. Where one partner acting within the scope of his apparent authority receives money or property of a third person and misapplies it; and II. Where the partnership in the course of its business receives money or property of a third person and the money or property so received is misapplied by any partner while it is in the custody of the partnership. Source. 1973, 378:1, eff. Aug. 29, 1973.
Source: New Hampshire General Court (gc.nh.gov)URL: https://gc.nh.gov/rsa/html/XXVIII/304-A/304-A-14.htmFetched: 10/20/2026

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