Restrictions on the partner in commendam with regard to management or administration of the partnership.

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  2. Louisiana Laws
  3. Civil Code
  4. Restrictions on the partner in commendam with regard to management or administration of the partnership.

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A partner in commendam does not have the authority of a general partner to bind the partnership, to participate in the management or administration of the partnership, or to conduct any business with third parties on behalf of the partnership.

Acts 1980, No. 150, §1.


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