- Statute
- Philippine Civil Code
- Article
- Art. 1826
- 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
- Cited by
- A Supreme Court decision
The provision
A person admitted as a partner into an existing partnership is liable for all the obligations of the partnership arising before his admission as though he had been a partner when such obligations were incurred, except that this liability shall be satisfied only out of partnership property, unless there is a stipulation to the contrary. (n)
Cases applying this article
- Perfecta Poblete v. Lo Singco G.R. No. 19439
Related provisions in this Chapter
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