Arkansas Code Annotated
Ark. Code Ann. § 4-46-301 (2020)
Partner agent of partnership
✓ Arkansas Code release r76: Acts through about 2020 (2021-2025 sessions missing)
Subject to the effect of a statement of partnership authority under § 4-46-303:
- Each partner is an agent of the partnership for the purpose of its business. An act of a partner, including the execution 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 had no authority to act for the partnership in the particular matter and the person with whom the partner was dealing knew or had received a notification that the partner lacked authority.
- An act of a partner which is not apparently for carrying on in the ordinary course the partnership business or business of the kind carried on by the partnership binds the partnership only if the act was authorized by the other partners.
History. Acts 1999, No. 1518, § 301.
Notes of Decisions
Cited in 2
cases, 2007–2016 · leading case: Woody v. Dirani, 243 F.R.D. 319 (W.D. Ark. 2007).
Woody v. Dirani, 243 F.R.D. 319 (W.D. Ark. 2007). “The Ash Defendants object to reconsideration based on, inter alia, Plaintiffs delay in bringing the motion for reconsideration and the motion’s purported deficiency under the requirements of Rule 60(b) and Eighth Circuit cases decided thereunder.”
In re Comm. on Civ. Practice, 2016 Ark. 29. “§ 4-46-301(1). A limited liability partnership must designate a registered agent if it has no office in this state, as must a foreign limited liability partnership.”
Ark. Code Ann. § 4-46-301(1): 1 case
In re Comm. on Civ. Practice, 2016 Ark. 29. “§ 4-46-301(1). A limited liability partnership must designate a registered agent if it has no office in this state, as must a foreign limited liability partnership.”
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