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Session Laws, 1975
Volume 716, Page 1922   View pdf image
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1922

LAWS OF MARYLAND

[Ch. 311

(D)       WHERE THE TITLE TO REAL PROPERTY IS IN THE NAME
OF ONE OR MORE OR ALL THE PARTNERS, OR IN A THIRD PERSON
IN TRUST FOR THE PARTNERSHIP, A CONVEYANCE EXECUTED BY A
PARTNER IN THE PARTNERSHIP NAME, OR IN HIS OWN NAME,
PASSES THE EQUITABLE INTEREST OF THE PARTNERSHIP,
PROVIDED THE ACT IS ONE WITHIN THE AUTHORITY OF THE
PARTNER UNDER THE PROVISIONS OF §9-301(A).

(E)         WHERE THE TITLE TO REAL PROPERTY IS IN THE
NAMES OF ALL THE PARTNERS, A CONVEYANCE EXECUTED BY ALL
THE PARTNERS PASSES ALL THEIR RIGHTS IN THE PROPERTY.

REVISOR'S NOTE: This section presently appears as
Art. 73A, §10, Cross—references are
conformed.

In a few instances, the word "the" is
substituted for the word "such."

No other changes are made.

9-303. PARTNERSHIP BOUND BY ADMISSION OF PARTNER.

AN ADMISSION OR REPRESENTATION MADE BY ANY PARTNER
CONCERNING PARTNERSHIP AFFAIRS WITHIN THE SCOPE OF HIS
AUTHORITY AS CONFERRED BY THIS TITLE IS EVIDENCE AGAINST
THE PARTNERSHIP.

REVISOR'S NOTE: This section presently appears as
Art. 73A, § 11. Nomenclature is conformed.

No other changes are made.

9-304. PARTNERSHIP CHARGED WITH KNOWLEDGE OF OR NOTICE
TO PARTNER.

NOTICE TO ANY PARTNER OF ANY MATTER RELATING TO
PARTNERSHIP AFFAIRS, AND THE KNOWLEDGE OF THE PARTNER
ACTING IN THE PARTICULAR MATTER, ACQUIRED WHILE A PARTNER
OR THEN PRESENT TO HIS MIND, AND THE KNOWLEDGE OF ANY
OTHER PARTNER WHO REASONABLY COULD AND SHOULD HAVE
COMMUNICATED IT TO THE ACTING PARTNER, OPERATE AS NOTICE
TO OR KNOWLEDGE OF THE PARTNERSHIP, EXCEPT IN THE CASE OF
A FRAUD ON THE PARTNERSHIP COMMITTED BY OR WITH THE
CONSENT OF THAT PARTNER.

REVISOR'S NOTE: This section presently appears as
Art. 73A, §12.

No changes are made.

9-305. PARTNERSHIP BOUND BY PARTNER'S WRONGFUL ACT.

WHERE, BY ANY WRONGFUL ACT OR OMISSION OF ANY

 

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Session Laws, 1975
Volume 716, Page 1922   View pdf image
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