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Recovery from partnership for loss caused by wrongful act of partner.

O.C.G.A. § 14-8-14
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14-8-14. Recovery from partnership for loss caused by wrongful act of partner. The partnership is bound to make good the loss: (1) Where one partner acting within the scope of his apparent authority receives money or property of a third person and misapplies it; and (2) 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. (Code 1981, § 14-8-14, enacted by Ga. L. 1984, p. 1439, § 1.)
Source: Official Code of Georgia (Legislative Counsel's copy via Public.Resource.Org) + acts (legis.ga.gov)URL: https://archive.org/download/gov.ga.ocga.2024/T14%20%28V12%29%202017.txtFetched: 10/24/2026

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