← belizelaw.ai · Partnership, Cap. 259 · PART III — Relations of Partners to Persons dealing with them

Firm not bound by partners using credit of firm for private purposes

Cap. 259, s. 9 · Revised Edition 2020

Where one partner pledges the credit of the firm for a purpose apparently not connected with the firm’s ordinary course of business, the firm is not bound, unless he is in fact specially authorised by the other partners, but this section does not affect any personal liability incurred by an individual
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Firm not bound by partners using credit of firm for private purposes — Cap. 259 s. 9 · Belize Law