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CCQ-1991 - Civil Code of Québec

Section 2246
Disposition versions

Full text
2246. Where the property of the partnership is insufficient, the general partners are solidarily liable to third persons for the debts of the partnership; a special partner is liable for the debts up to the agreed amount of his contribution, notwithstanding any transfer of his share in the common stock.
Any stipulation whereby a special partner is bound to be surety for or assume the debts of the partnership beyond the agreed amount of his contribution is without effect.
1991, c. 64, a. 2246; I.N. 2014-05-01.
2246. Where the property of the partnership is insufficient, the general partners are solidarily liable for the debts of the partnership in respect of third persons; a special partner is liable for the debts up to the agreed amount of his contribution, notwithstanding any transfer of his share in the common stock.
Any stipulation whereby a special partner is bound to secure or assume the debts of the partnership beyond the agreed amount of his contribution is without effect.
1991, c. 64, a. 2246.
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