Article 2803

Participation of partners. ACTIVE

Each partner participates equally in profits, commercial benefits, and losses of the partnership, unless the partners have agreed otherwise. The same rule applies to the distribution of assets, but in the absence of contrary agreement, contributions to capital are restored to each partner according to the contribution made.

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References

None.

Cited by

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History

  • enactment Acts 1980, No. 150, §1

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Cite Article 2803

Bluebook
La. Civ. Code art. 2803 (2026).
Permalink
https://theusufruct.com/cc/2803
BibTeX
@misc{lacivcode-art-2803,
  title        = {La. Civ. Code art. 2803},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/2803},
  note         = {Snapshot 2026-05-22}
}