When, by any wrongful act or omission of any partner acting in the ordinary course of the
business of the partnership or with the authority of his co-partners, loss or injury is caused
to any person, not being a partner in the partnership, or any penalty is incurred, the
partnership is liable therefor to the same extent as the partner so acting or omitting to act.
Effective: June 26, 2007
History: Repeal the prior repeal contained in 2006 Ky. Acts ch. 149, sec. 239, which
was to have been effective January 1, 2008, 2007 Ky. Acts ch. 137, sec. 180,
effective June 26, 2007. -- Repealed 2006 Ky. Acts ch. 149, sec. 239, effective
January 1, 2008. -- Created 1954 Ky. Acts ch. 38, sec. 13, effective June 17, 1954.
Notes of Decisions
Cited in
4
cases, 1977–2013 · leading case:
Roethke v. Sanger, 68 S.W.3d 352 (Ky. 2001).
Roethke v. Sanger, 68 S.W.3d 352 (Ky. 2001).
· cites it 12× “) KRS 362.210 provides: When, by any wrongful act or omission of any partner acting in the ordinary course of the business of the partnership or with the authority of his co-partners, loss or injury is caused to any person, not being a partner in the partnership, or any penalty…”
Abbott v. Chesley, 413 S.W.3d 589 (Ky. 2013).
· cites it 2× “210 provides that “[w]hen, by any wrongful act or omission of any partner acting in the ordinary course of the business of the partnership or with the authority of his co-partners, loss or injury is caused to any person, not being a partner in the partnership, or any penalty is…”
Fightmaster v. Leffler, 556 S.W.2d 180 (Ky. Ct. App. 1977).
“— All partners are liable: (1) Jointly and severally for everything chargeable to the partnership under KRS 362.210 and 362.215; (2) Jointly for all other debts and obligations of the partnership; but any partner may enter into a separate obligation to perform a partnership…”
Eichberger v. Reid, 728 S.W.2d 533 (Ky. 1987).
“The appellant argues initially, that statutory law dictates that a partner cannot receive indemnification from another partner for a judgment against the partnership. KRS 362.”
Annotations are extracted automatically from the opinions in the
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treatment. Dots show Syfertize treatment of the citing case itself.