Subject to the effect of a statement of partnership authority under section 67-415:
(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 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; and
(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 the other partners.
Notes of Decisions
Cited in
2
cases (
1 in the last 5 years), 2014–2025 · leading case:
Sebade v. Sebade, 28 N.W.3d 19 (Neb. 2025).
Sebade v. Sebade, 28 N.W.3d 19 (Neb. 2025).
· cites it 3× “Sarah’s Joint Liability Rick and Sarah’s arguments that the court erred in imposing joint and several liability also lack merit. Rick and Sarah argue that Sarah could not be liable for partnership debt and imbal- ances, because she was not a partner.”
Elting v. Elting, 288 Neb. 404 (2014).
· cites it 2× “[7,8] With respect to a partner’s agency to act on behalf of a partnership, § 67-413(1) of the 1998 UPA provides that “[e]ach partner is an agent of the partnership for the purpose of its business.”
Neb. Rev. Stat. § 67-413(1): 1 case
Elting v. Elting, 288 Neb. 404 (2014).
“[7,8] With respect to a partner’s agency to act on behalf of a partnership, § 67-413(1) of the 1998 UPA provides that “[e]ach partner is an agent of the partnership for the purpose of its business.”
Annotations are extracted automatically from the opinions in the
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treatment. Dots show Syfertize treatment of the citing case itself.