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Partnership Act 1890

Partnership Act 1890 s 7

s 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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Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.