Legislation
SECTION 23
Partnership charged with knowledge of or notice to partner
Partnership (PTR) CHAPTER 39, ARTICLE 3
§ 23. Partnership charged with knowledge of or notice to partner.
Notice to any partner of any matter relating to partnership affairs, and
the knowledge of the partner acting in the particular matter, acquired
while a partner or then present to his mind, and the knowledge of any
other partner who reasonably could and should have communicated it to
the acting partner, operate as notice to or knowledge of the
partnership, except in the case of a fraud on the partnership committed
by or with the consent of that partner.
Notice to any partner of any matter relating to partnership affairs, and
the knowledge of the partner acting in the particular matter, acquired
while a partner or then present to his mind, and the knowledge of any
other partner who reasonably could and should have communicated it to
the acting partner, operate as notice to or knowledge of the
partnership, except in the case of a fraud on the partnership committed
by or with the consent of that partner.