Art. 1816-1817

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Created by
Trixie Amaga

Cards (2)

  • ARTICLE 1816. All partners, including industrial ones, shall be liable pro rata with all their property and after all the partnership assets have been exhausted, for the contracts which may be entered into in the name and for the account of the partnership, under its signature and by a person authorized to act for the partnership. However, any partner may enter into a separate obligation to perform a partnership contract.
  • ARTICLE 1817. Any stipulation against the liability laid down in the preceding article shall be void, except as among the partners.