Article 2804

Participation in one category only. ACTIVE

If a partnership agreement establishes the extent of participation by partners in only one category of either profits, commercial benefits, losses, or the distribution of assets other than capital contributions, partners participate to that extent in each category unless the agreement itself or the nature of the participation indicates the partners intended otherwise.

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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 2804

Bluebook
La. Civ. Code art. 2804 (2026).
Permalink
https://theusufruct.com/cc/2804
BibTeX
@misc{lacivcode-art-2804,
  title        = {La. Civ. Code art. 2804},
  howpublished = {Louisiana Civil Code},
  year         = {2026},
  url          = {https://theusufruct.com/cc/2804},
  note         = {Snapshot 2026-05-22}
}