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Chapter: | 38
![]() | Title: | PARTNERSHIP ORDINANCE | Gazette Number: | |
| Section: | 9 | Heading: | Partner using credit of firm for private purposes | Version Date: | 30/06/1997 |
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 authorized by the other partners; but this section does not affect any personal liability incurred by an individual partner.