Georgia § 14-8-21 - Benefits derived by a partner without the consent of other partners.
Full text of Georgia Official Code of Georgia Annotated § 14-8-21 — Benefits derived by a partner without the consent of other partners., with citation guidance and answers to common questions.
§ 14-8-21. Benefits derived by a partner without the consent of other partners.
Every partner must account to the partnership for any benefit, and hold as trustee for it any profits derived by him without the consent of the other partners from any transaction connected with the formation, conduct, or liquidation of the partnership or from any use by him of its property. This Code section applies also to the representatives of a deceased partner engaged in the liquidation of the affairs of the partnership as the personal representatives of the last surviving partner. (Code 1981, § 14-8-21 , enacted by Ga. L. 1984, p. 1439, § 1.)
Source: official Georgia text · Last verified 2026-08-27
Frequently Asked Questions About Georgia § 14-8-21
What does Official Code of Georgia Annotated § 14-8-21 cover?
Section 14-8-21 ("Benefits derived by a partner without the consent of other partners.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 14-8-21?
A common citation format is "Official Code of Georgia Annotated § 14-8-21" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 14-8-21 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.