Florida Statute 620.8301 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVI
BUSINESS ORGANIZATIONS

Chapter 620
PARTNERSHIP LAWS

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F.S. 620.8301

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.

F.S. 620.8301 on Google Scholar

F.S. 620.8301 on Casetext

Amendments to 620.8301

Arrestable Offenses / Crimes under Fla. Stat. 620.8301

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 620.8301.

Annotations, Discussions, Cases:

Cases Citing Statute 620.8301

Total Results: 2

Tropical Republic, Inc. v. Transwestern Beach Place, LLC.

Court: Fla. Dist. Ct. App. | Date Filed: 2003-02-26T00:00:00-08:00

Citation: 837 So. 2d 1171, 2003 Fla. App. LEXIS 2166, 2003 WL 470234

Snippet: PER CURIAM. Affirmed. See § 620.8301, Fla. Stat. (2002)(“An act of a partner, including the execution

Rnr Invest. Ltd. Partnership v. Peoples First Com. Bank

Court: Fla. Dist. Ct. App. | Date Filed: 2002-03-27T23:53:00-08:00

Citation: 812 So. 2d 561

Snippet: obtaining financing up to $650,000. Under section 620.8301(a), Florida Statutes (2000), however, the Bank… authority is now governed by statute. Section 620.8301(1), Florida Statutes (2000)[1], a part of the …. The apparent authority provisions of section 620.8301(1), reflect a policy by the drafters that "…Bus. L. 299, 308 (1998). Analysis Under section 620.8301(1), the determination of whether a partner is …construction loan. We cannot agree. Under section 620.8301, the Bank could rely on the general partner'