Partner agent of partnership.
R.I. Gen. Laws § 7-12.1-301
in effect7-12.1-301. Partner agent of partnership.
Subject to the effect of a statement of partnership authority under § 7-12.1-303, the following rules apply:
(1) Each partner is an agent of the partnership for the purpose of its business. An act
of a partner, including the signing of an instrument in the partnership name, for
apparently carrying on in the ordinary course the partnership business or business
of the kind carried on by the partnership binds the partnership, unless the partner
did not have authority to act for the partnership in the particular matter and the
person with which the partner was dealing knew or had notice that the partner lacked
authority.
(2) An act of a partner which is not apparently for carrying on in the ordinary course
the partnership’s business or business of the kind carried on by the partnership binds
the partnership only if the act was actually authorized by all the other partners.
P.L. 2022, ch. 123, § 2, effective January 1, 2023; P.L. 2022, ch. 124, § 2, effective
January 1, 2023.
Source: State of Rhode Island General Assembly (rilegislature.gov)URL: https://webserver.rilegislature.gov/Statutes/TITLE7/7-12.1/7-3/7-12.1-301.htmFetched: 10/20/2026