CHAPTER 2–OBLIGATIONS AND RIGHTS OF PARTNERS TOWARD EACH OTHER AND TOWARD THE PARTNERSHIP Art. 2808. Obligation of a partner to contribute. Each partner owes the partnership all that he has agreed to contribute to it. Acts 1980, No. 150, §1.
Art. 2809. Fiduciary duty; activities prejudicial to the partnership. A partner owes a fiduciary duty to the partnership and to his partners. He may not conduct any activity, for himself or on behalf of a third person, that is contrary to his fiduciary duty and is prejudicial to the partnership. If he does so, he […]
Art. 2810. Other rights not prejudiced. The provisions of Articles 2808 and 2809 do not prejudice other rights granted by law to recover damages or to obtain injunctive relief in appropriate cases. Acts 1980, No. 150, §1.
Art. 2811. Partner as creditor of the partnership. A partner who acts in good faith for the partnership may be a creditor of the partnership for sums he disburses, obligations he incurs, and losses he sustains thereby. Acts 1980, No. 150, §1.
Art. 2812. The sharing of a partner’s interest with a third person. A partner may share his interest in the partnership with a third person without the consent of his partners, but he cannot make him a member of the partnership. He is responsible for damage to the partnership caused by the third person as […]
Art. 2813. The right of a partner to obtain information. A partner may inform himself of the business activities of the partnership and may consult its books and records, even if he has been excluded from management. A contrary agreement is null. He may not exercise his right in a manner that unduly interferes with […]
