Florida Statutes

Fla. Stat. § 620.8301 (2025)

Partner agent of partnership.

✓ 2025 Florida Statutes — current through the 2025 Regular Session
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620.8301 Partner agent of partnership.Subject to the effect of a statement of partnership authority under s. 620.8303:
(1) 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 of partnership business or business of the kind carried on by the partnership, in the geographic area in which the partnership operates, 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.
(2) 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 all of the other partners or is authorized by the terms of a written partnership agreement.
History.s. 13, ch. 95-242.
Notes of Decisions
Cited in 2 cases, 2002–2003 · leading case: Rnr Invest. Ltd. P'ship v. Peoples First Com. Bank, 812 So. 2d 561 (Fla. 1st DCA 2002).
Rnr Invest. Ltd. P'ship v. Peoples First Com. Bank, 812 So. 2d 561 (Fla. 1st DCA 2002). · cites it 8× “Under section 620.8301, the Bank could rely on the general partner's apparent authority, unless it had actual knowledge or notice of restrictions on that authority.”
Tropical Repub., Inc. v. Transwestern Beach Place, LLC., 837 So. 2d 1171 (Fla. 4th DCA 2003). · cites it 2× “See § 620.8301, Fla. Stat. (2002)(“An act of a partner, including the execution of an instrument in the partnership name, for apparently carrying on in *1172 the ordinary course of partnership business or business of the kind carried on by the partnership, .”
— 620.8301(1) — 1 case
Rnr Invest. Ltd. P'ship v. Peoples First Com. Bank, 812 So. 2d 561 (Fla. 1st DCA 2002). “Under section 620.8301, the Bank could rely on the general partner's apparent authority, unless it had actual knowledge or notice of restrictions on that authority.”
— 620.8301(a) — 1 case
Rnr Invest. Ltd. P'ship v. Peoples First Com. Bank, 812 So. 2d 561 (Fla. 1st DCA 2002). “Under section 620.8301, the Bank could rely on the general partner's apparent authority, unless it had actual knowledge or notice of restrictions on that authority.”
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