La. Civ. Code art. 2816
This is the official text of La. Civ. Code art. 2816, 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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Contract by partner in his own name; effect on the partnership.
Official statutory text
An obligation contracted for the partnership by a partner in his own name binds the partnership if the partnership benefits by the transaction or the transaction involves matters in the ordinary course of its business. If the partnership is so bound, it can enforce the contract in its own name.
Acts 1980, No. 150, ยง1.
Acts 1980, No. 150, ยง1.
Status: in_force · Read it on the official government site
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