358.210. Partner accountable as a fiduciary.
Partner accountable as a fiduciary.
358.210. 1. Every partner must account to the partnershipfor any benefit, and hold as trustee for it any profits derivedby him without the consent of the other partners from anytransaction connected with the formation, conduct, or liquidationof the partnership or from any use by him of its property.
2. This section applies also to the representatives of adeceased partner engaged in the liquidation of the affairs of thepartnership as the personal representatives of the last survivingpartner.
(L. 1949 p. 506 § 21)