Philippine Civil Code Art. 1860: Limited Partnership

Statute: Philippine Civil Code
Article: Art. 1860
Topic: Limited Partnership
Status: In force
Book: BOOK IV Obligations and Contracts
Title: TITLE IX PARTNERSHIP
Chapter: CHAPTER 4 Limited Partnership
Year: 1949
Cited by: A Supreme Court decision

The provision

The retirement, death, insolvency, insanity or civil interdiction of a general partner dissolves the partnership, unless the business is continued by the remaining general partners: (1) Under a right so to do stated in the certificate, or (2) With the consent of all members.

Cases applying this article

Bank of the Philippine Islands v. Gregorio Yulo G.R. No. 9358

Related provisions in this Chapter

Civil Code, Art. 1859 Limited Partnership
Civil Code, Art. 1857 Limited Partnership
Civil Code, Art. 1863 Limited Partnership
Civil Code, Art. 1865 Limited Partnership
Civil Code, Art. 1867 Limited Partnership
Civil Code, Art. 1852 Limited Partnership
Civil Code, Art. 1851 Limited Partnership
Civil Code, Art. 1847 Limited Partnership

Civil Code, Art. 1860 is found in CHAPTER 4 Limited Partnership of TITLE IX PARTNERSHIP of BOOK IV Obligations and Contracts of the Civil Code of the Philippines (Republic Act No. 386).

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