La. Civ. Code art. 2809
This is the official text of La. Civ. Code art. 2809, part of Louisiana’s Civil Code — louisiana's civil law tradition codifies persons, property, obligations, and family relations here rather than in a separate statutory code.
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Fiduciary duty; activities prejudicial to the partnership.
Official statutory text
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 must account to the partnership and to his partners for the resulting profits.
Acts 1980, No. 150, ยง1.
Acts 1980, No. 150, ยง1.
Status: in_force · Read it on the official government site
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