67. Breach of trust.

If a partner who is acting individually as a trustee improperly employs trust property in the business or on the account of the partnership, no other partner is liable for the trust property to the beneficiaries1. However, this does not affect any liability incurred by any partner by reason of his having notice of a breach of trust2. Nor does it prevent trust money from being followed and recovered from the firm if still in its possession or under its control

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