25
In forceProperty bought with partnership money
Part 2Partnerships generally
Division 3Relationship between partners
25 Property bought with partnership money
Unless the contrary intention appears, property bought with money belonging to a firm is to be taken to have been bought on account of the firm.
This Act’s bill:Second reading speech
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.