CHAPTER V LIQUIDATION OF REGISTERED PARTNERSHIP, LIMITED PARTNERSHIPS, AND LIMITED COMPANIES Section 1247 The liquidation of a bankrupt registered partnership, limited partnership, or limited company shall be made, as far as practicable, in accordance […]
PART IV Audit Section. 1208. The auditors may be shareholders of the company; but no person is eligible as an auditor who is interested otherwise than as a shareholder in any transaction of the company, […]
CHAPTER III LIMITED PARTNERSHIPS Section 1077 A limited partnership is a partnership where: One or more partners have limited liability, contributing only up to a specified amount. One or more partners have unlimited liability for […]
TITLE XXII PARTNERSHIPS AND COMPANIES CHAPTER I GENERAL PROVISIONS Section 1012 A contract for the organization of a partnership or company is a contract whereby two or more persons agree to unite for a common […]
CHAPTER III PROMISSORY NOTES Section 982 Promissory Note A promissory note is a written instrument in which one person, called the issuer of the note, promises to pay a certain amount of money to another […]
TITLE XXI BILLS CHAPTER I GENERAL PROVISIONS Section 898 Bills, within the meaning of this Code, are of three kinds, namely: bills of exchange, promissory notes, and cheques. Section 899 If matters not provided for […]
TITLE XVI BROKERAGE Section 845 A person who agrees to pay remuneration to a broker for indicating the opportunity for the conclusion of a contract, or for procuring a contract, is liable to pay the […]
TITLE XV AGENCY CHAPTER I GENERAL PROVISIONS Section 797 Agency is a contract whereby a person, called the agent, has authority to act for another person, called the principal, and agrees to act accordingly. Agency […]
TITLE XIII PLEDGE CHAPTER I GENERAL PROVISIONS Section 747 A pledge is a contract whereby a person, called the pledgor, delivers to another person, called the pledgee, a movable property as security for the performance […]
TITLE XI SURETSHIP Chapter I General Provisions Section 680 Suretyship is a contract whereby a third person, called the surety, binds himself to a creditor to satisfy an obligation in the event that the debtor […]
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