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§ 9317. Liability of associates

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 15 Pa.C.S.A. Corporations and Unincorporated Associations

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 15 Pa.C.S.A. Corporations and Unincorporated Associations (Refs & Annos)
Part IV. Unincorporated Associations
Chapter 93. Professional Associations (Refs & Annos)
15 Pa.C.S.A. § 9317
§ 9317. Liability of associates
(a) Joint and several liability.--All of the associates of an association are liable, jointly and severally, for:
(1) The torts of any agent or employee of the association committed while the agent or employee is acting within the ordinary course of operation of the association.
(2) The misapplication by any associate of any money or property of a third person if the money or property was received by the association in the ordinary course of its operation.
(b) Joint liability.--All of the associates of an association are liable, jointly, for all debts and legal obligations of the association other than those chargeable under subsection (a).

Credits

1988, Dec. 21, P.L. 1444, No. 177, § 103, effective Oct. 1, 1989.
15 Pa.C.S.A. § 9317, PA ST 15 Pa.C.S.A. § 9317
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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