- Statute
- Philippine Civil Code
- Article
- Art. 1784
- Topic
- Obligations of the Partners
- Status
- In force
- Book
- BOOK IV Obligations and Contracts
- Title
- TITLE IX PARTNERSHIP
- Chapter
- CHAPTER 2 Obligations of the Partners
- Formerly
- Art. 1679 of the old Civil Code
- Year
- 1949
The provision
A partnership begins from the moment of the execution of the contract, unless it is otherwise stipulated. (1679)
Intellegal Wiki · In plain terms
A partnership legally comes into existence the moment the partners complete their contract, unless they agreed on a different starting date. By default, then, the partnership begins when the agreement is executed, not when the business actually starts operating.
An editorially maintained plain-language explanation of this provision — not legal advice.
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