- Statute
- Philippine Civil Code
- Article
- Art. 1815
- 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
- Year
- 1949
The provision
Every partnership shall operate under a firm name, which may or may not include the name of one or more of the partners. Those who, not being members of the partnership, include their names in the firm name, shall be subject to the liability of a partner. (n)
Intellegal Wiki · In plain terms
Every partnership must operate under a firm name, which may or may not contain the names of actual partners. If someone who is not a partner allows their name to appear in the firm name, that person becomes exposed to liability toward outsiders as if they were a real partner.
An editorially maintained plain-language explanation of this provision — not legal advice.
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