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PARTNERSHIP ACT 1890 - SECT 7

Partner using credit of firm for private purposes.

7. 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
partner.


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© 1890 Crown Copyright

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