South Australian Current Acts South Australian Current Acts8—Effect of notice that firm will not be bound by acts of partner
(1) If it has been
agreed between the partners that any restriction will be placed on the power
of any one or more of them to bind a firm other than a firm that is an
incorporated limited partnership, no act done in contravention of the
agreement is binding on the firm with respect to persons having notice of the
agreement.
(2) If it has been
agreed by the partners in an incorporated limited partnership that any
restrictions are to be placed on the power (if any) of any one or more of them
to bind the firm, no act done in contravention of the agreement is binding on
the firm with respect to persons having notice of the agreement.