Section 1078.- A limited partnership must be registered.

The entry in the register must contain the following particulars :

                  (1) The firm name of the partnership ;

                  (2) A statement that the partnership is a limited partnership, and the object of such partnership ;

                  (3) The address of the principal business office and of all branch offices ;

                  (4) The full name, trade names, addresses and occupations of the partners with limited liability, and the amount of their respective contributions of the partnership ;

                  (5) The full names, trade names, addresses and occupations of the partners with unlimited liability ;

                  (6) The names of the managing partners ;

                  (7) The restrictions, if any, imposed upon the powers of the managing partners to bind the partnership.

The entry may contain any other particulars which the parties may deem expedient to make known to the public.

The entry must be signed by every member of the partnership, and must also be sealed with the common seal of the partnership.

A certificate of registration shall be delivered to the partnership.

 

Section 1078/1.- A managing partner who wishes to resign from his post shall tender his resignation letter to any managing partner. The resignation shall take effect from the date on which the registration letter reaches the said other managing partner.

 

Section 1078/2.- When there is a change of the managing partner, the limited partnership shall have the registration within fourteen days from the date of such a change.

 

Section 1079.- Until registration a limited partnership is deemed an ordinary partnership in which all the partners are jointly and unlimitedly liable for all the obligations of the partnership.

 

Section 1080.- The provisions concerning Ordinary Partnerships apply to Limited Partnerships in so far as they are not excluded or modified by the provisions of this Chapter III.

If there are several partners with unlimited liability, the rules of the ordinary partnership apply to their relations to one another and to the partnership.

 

Section 1081.- The firm name shall not contain any of the names of the partners with limited liability.

 

Section 1082.- A partner with limited liability who expressly or impliedly consents to the use of his name in the firm name is liable to third persons in the same manner as if he was a partner with unlimited liability.

As between the partners themselves, the liability of such partner remains governed by the contract of partnership.