323.13 Partnership liable for partner's breach of trust.
The partnership is bound to make good the loss:
(1) Where one partner acting within the scope of 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.
HIST: (7397) 1921 c 487 s 14; 1986 c 444
Official Publication of the State of Minnesota
Revisor of Statutes